ANEC RAISES CORN EXPORTS ESTIMATES FOR AUGUST

Brazil’s August corn exports can hit a record if projections are confirmed, said the National Association of Cereal Exporters (Anec), which now projects corn exports between 7.2 million and 8.089 million tons. in August, the highest point of the range would be a record, surpassing the mark of August 2019 (7.67 million tons). If the association’s current most optimistic projection is confirmed, cereal exports can increase by 3.9 million tons when compared to the same month in 2021. According to Anec, a record harvest pushes up exports.

Sources: Reuters/Nova Cana (*Translated by Ia Niani)