Corn exports in June 2023 reached 1.03 million tons, up from 0.38 million tons in May and more than the previous year (0.99 million tons), as a result of early negotiations. The data comes from the National Supply Company’s Logistic Bulletin (Conab). According to these data, this change is due to rapidly growing export premiums in the Brazilian market. As the corn harvest progressed, the freight demand increased, and prices slightly rose in almost all markets.
Source: Agronews (*Translated by Ia Niani)