BRAZIL TO START SHIPPING CORN TO CHINA IN DECEMBER

Brazilian companies are negotiating the first corn exports to China, a recently opened market for the South American country, says the executive director of the Abramilho industry association Glauber Silveira. There is no confirmation of signed contracts as of year. However, the authorizations already granted by Beijing are enough for companies to close deals, he says. “That market is now open, and when this happens, we are allowed to start exporting. We have a list of more than 150 companies in Brazil authorized to negotiate in this first wave,” says Silveira, referring to the list released by the Chinese customs, which includes everything from cooperatives to large multinationals. China’s green light to buy from Brazilian companies has been moving companies and cooperatives, which have been preparing to serve this new market. C

Sources: Globo Rural/Datamar News