CORN: INTERNATIONAL SCENARIO FAVORS BRAZILIAN EXPORTS

According to Flávio Roberto de França Júnior, grain coordinator at the consultancy Datagro, Brazilian maize exports will be around 40 million tonnes this year, close to the record 42.7 million set in 2019. “There’s demand everywhere for multiple reasons, including the conflict in Ukraine, the drought in America and Europe, or because of geopolitical reasons,” said França to the Brazilian news agency Valor. External sales are, indeed, more numerous in 2022, as was expected due to the crop failure that occurred last year. “Unlike soybeans, which are highly demanded but have no supply [because of weather problems in the south of the country], there is enough corn available for exports. The current heated pace of exports shall last the whole year,” said him.

Sources: Valor Econômico/Datamar News