BRAZIL CORN IMPORTS REACH OVER 2.4 MILLION TONS IN THE 2021/22 SEASON

According to a survey by Safras & Mercado consultancy, Brazil imported 621.1 thousand tons of corn in November. The state of Paraná purchased the largest amount, with 304 thousand tons, followed by the state of Rio Grande do Sul, with 161.04 thousand tons, and Santa Catarina, with 99 thousand tons. Throughout the 2021/22 season, which runs from February 2021 to January 2022, Brazil has already imported 2.48 million tons of corn. Paraná leads purchases, with 1.25 million tons, followed by Rio Grande do Sul, with 663.27 thousand tons. The entity has also released its survey with corn import costs. Corn imports from Argentina are R$ 113.43 per bag, under the Drawback regime, whereas corn imports from the United States are about R$ 116.39 per bag.

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