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Opening up the Chinese market Brazil's corn exports are expected to rise to 5.02 million mt in January

 Last Update: 2023-02-01
 Source: Internet
 Author: User

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Brazil's corn exports in January are expected to reach 5.
02 million mt, and additional demand
will emerge as the Chinese market opens up to Brazilian corn, Anec said Jan.
10.

Brazil's corn exports in January were 4.
3 million mt, the highest monthly record since 2016 and well above January's 222 mt
, according to Anec's previous forecast, Istoé Dinheiro, the website reported.
The latest forecast raised corn exports in January to 5.
02 million mt
.

Anec also said that more than 1 million tons
of corn had been shipped to China at the beginning of this year.

Separately, Anec expects soybean exports in January to be 1.
969 million mt, up from 1.
3 million mt previously indicated by port ship shipment plans, 1.
4 million mt for soybean meal and 446,000 mt
for wheat.

Despite the upward revision of soybean meal and wheat export forecasts, they are still down
from the actual export volume in January last year.
In January 2022, Brazil exported 1.
58 million mt of soybean meal and 696,000 mt of wheat
.

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