According to a report by the National Association of Cereal Exporters (Anec), corn shipments from Brazil in June should increase three times more than they did in May. Corn shipments are expected to reach 1.658 million tons, up from 493,000 tons in May, as Brazil’s second corn crop picks up speed. Also, the number is up from the 1.503 million tons exported during the same time period last year. The country exported 45,900 tons of corn from May 28 to June 3. Anec says that the projection is based on the shipping schedule and the shipments made.
Sources: Reuters/Nova Cana (*Translated by Ia Niani)