MATO GROSSO DO SUL: SOYBEAN AND CORN EXPORTS MOVED USD 760.9 MILLION IN Q1

In Q1 2024, Mato Grosso do Sul shipped more than two million tons of soybeans and corn for USD 760.9 million. The rise in exports is due to the huge Asian demand for the 22-23 harvest, especially from China. Soybean exports increased by 30% to 1.3 million tons, with a 26% rise in value. China was the leading destination, accounting for 82% of sales. However, corn exports experienced a 44% reduction in volume and 55% in value, with China, South Korea, and Japan being the biggest importers.
Source: Aprosoja MS / Notícias Agrícolas (*Translated by Ia Niani)