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As of December 19, Brazil's corn imports reached 3.
1 million tons
.
Brazil's corn imports hit a previous historical record of 1.
45 million tons in 2019
.
Brazilian analyst Giovanni Ferreira said that strong demand for meat has forced Brazil to turn to the international market to import corn to meet domestic corn demand
.
He said that Brazil must export more than 1 million tons of pork in 2021, a record high
.
Chicken exports will also hit a record high
.
With strong meat exports, Brazil needs to import corn
.
.
He said that Brazil must export more than 1 million tons of pork in 2021, a record high
.
Chicken exports will also hit a record high
.
With strong meat exports, Brazil needs to import corn
.
Giovanni Ferreira said that we hope that the weather will improve and Brazil's corn imports will no longer break the highest record in history
.
Corn exports will be low, mainly due to the poor corn harvest in 2020/21
.
Brazil must reduce corn exports and give priority to meeting domestic demand
.
.
Corn exports will be low, mainly due to the poor corn harvest in 2020/21
.
Brazil must reduce corn exports and give priority to meeting domestic demand
.
However, corn exports exceeded soybeans in December
.
Between December 1 and 19, Brazil’s corn exports were 1.
9 million tons, compared with 1.
75 million tons of soybeans
.
This means that Brazil’s corn exports in 2021 will reach 19-19.
50 million tons, which is not bad
.
.
Between December 1 and 19, Brazil’s corn exports were 1.
9 million tons, compared with 1.
75 million tons of soybeans
.
This means that Brazil’s corn exports in 2021 will reach 19-19.
50 million tons, which is not bad
.