 Home > Food News > Food Articles > South American corn focus: Argentina's corn exports are growing strongly, while Brazil's corn exports are falling

South American corn focus: Argentina's corn exports are growing strongly, while Brazil's corn exports are falling

 Last Update: 2021-12-02
 Source: Internet
 Author: User

Tags

level production

1 year subscription

Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

News from Washington, November 11: The US Department of Agriculture’s November World Grain Market Trade Report stated that Argentina’s corn exports in 2020/21 (March 2021 to February 2022) are expected to be 38.
5 million tons.
If the forecast becomes a reality, it will hit a record.
The highest export record in history
.

In contrast to Argentina’s strong corn exports, Brazil’s corn exports in 2020/21 (March 2021 to February 2022) will be reduced to 17.
5 million tons due to the failure of the second season of corn
.
In fact, the decline in Brazilian corn exports has helped boost the prospects for Argentine corn exports
.

In Argentina, the depreciation of the peso is conducive to exports
.
In Brazil, strong domestic demand is not conducive to exports
.

During the period from March to September 2021, Argentine rice exports were only slightly higher than the same period last year, but for the rest of the year, corn exports will accelerate and exceed the level of the same period last year
.
Judging from shipping data, Argentine corn exports may have accelerated in October
.

In contrast, Brazil’s corn exports from March to September 2021 fell by nearly half year-on-year, and October’s exports were slightly more than 1.
8 million tons, which was much lower than the 5 million tons in the same period last year
.

　　Argentina and Brazil currently compete with each other in some major markets, including South Korea, Malaysia and Taiwan
.

　　The tight supply of Brazilian corn exports in 2020/21 has made this year's competitive situation favorable to Argentina
.
However, corn production in Argentina and Brazil is expected to improve in 2021/22, and both output and exports are expected to hit record highs
.
Among them, Brazil's corn output is expected to reach 118 million tons, and the export volume will increase to 43 million tons
.

U.
S.
Department of Agriculture grain corn exports

Brazil

　　In Argentina, the depreciation of the peso is conducive to exports
.
In Brazil, strong domestic demand is not conducive to exports
.

　　Argentina and Brazil currently compete with each other in some major markets, including South Korea, Malaysia and Taiwan
.

This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

Related Products

Hot Selling Flavor Additive CAS 120-14-9 Veratraldehyde/Methyl Vanilline /3, 4-Dimethoxybenzaldehyde

CAS No.: 120-14-9

Food Grade

$15-19/KG FOB

Food Preservative Sodium Benzoate

CAS No.: 532-32-1

Food Grade

$1.5-1.6/KG FOB

Titanium Dioxide Animal Feed Additives Anatase TiO2 99% Purity

CAS No.: 13463-67-7

$1800-2000/MT FOB

Hot Tags

united states jobs(223)

jobs united states(236)

1 year treasury(277)

1 year subscription(296)

single use technology(195)

announcements today(81)

ups united states(221)

united states logo(227)

80 20 company(94)

healthy food name(42)

Hot Articles

The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.