Agriculture/MRE: Vietnam, Thailand, Turkey, and New Zealand open the market for corn bran from Brazil

Published 2023년 11월 20일

Tridge summary

Brazil will be able to export corn bran, known as DDG, to Vietnam, Thailand, Turkey, and New Zealand, according to the Ministry of Agriculture and the Ministry of Foreign Affairs. This new opportunity expands Brazil's commitment to strengthening agribusiness and providing animal protein production inputs. Brazil is currently the third largest corn producer globally, after the United States and China.

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Original content

By Isadora Duarte Brasília, 11/20/2023 - Brazil will be able to export corn bran, technically known as DDG and resulting from the production of corn ethanol, to Vietnam, Thailand, Turkey and New Zealand, informed the Ministry of Agriculture and the Ministry of Foreign Affairs (MRE) in a joint note. "The opening of new markets reinforces the country's commitment to strengthening agribusiness and expanding the supply of inputs for the production of animal protein", said the folders in the note. According to data from the Brazilian Export and Investment Promotion Agency (ApexBrasil), the Brazilian market will be able to offer 6.5 million tons of DDG/DDGS by 2031/2032, considering that projections indicate that corn ethanol production should reach 10.88 billion ...

Source: Broadcast