BRAZILIAN CORN EXPORTS FALL 18% IN 2018

Brazilian corn exports in 2018 totaled 23.899 million tons of corn in 2018, 18.2% lower than the 29.24 million tons shipped abroad in the 12 months of the previous year. Sales resulted in revenue of $ 4.119 billion, 11.5% less than the $ 4.657 billion obtained from cereal exports in 2017. Data are from the Ministry of Industry, Foreign Trade and Services (MDIC), released this week. According to the MDIC, in December 4.014 million tons of cereal were shipped overseas, a slight increase of 0.5% more than in December 2017, when overseas shipments totaled 3.994 million tons. In relation to November 2018, there was also a positive change of 0.45%, when they totaled 3.996 million tons. Revenue from foreign sales of corn totaled US $ 707.9 million in the last month of the year, up 13.9% from December 2017. However, in comparison with November last, it fell 0.56%. The average price of cereals exported in December was US $ 176.30 a ton, compared to US $ 178.10 in November and US $ 155.60 / t in December 2017.
Source: Globo Rural Magazine