Brazil exports record corn and beef

Published 2022년 11월 2일

Tridge summary

October saw a significant increase in Brazil's agricultural exports, with corn, beef, and soybeans all setting new records. Corn exports reached 7.20 million tons, an increase of 302% from the previous year, while beef exports totaled 188.6 thousand tons, a 129% rise due to increased demand from China. Soybean exports also saw a 23% increase from the previous year, amounting to 4.06 million tons. However, imports of fertilizers have decreased by 40% annually and 15% monthly, indicating a reduction in agricultural production. Overall, the data shows a positive trend in agricultural exports, with the exception of fertilizers, highlighting the competitiveness of Brazilian agricultural products on the international market.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Data released by the Foreign Trade Secretariat (SECEX) indicate record corn and beef exports for the month of October. “For corn, the volume shipped in the month was 7.20 million tons, 302% above the volume shipped in October last year and 20% above the last record for the month reached in 2019”, comments AgResouce. "With this volume, annual exports total 31.87 million tons from January to October, 118% above the accumulated in the same period last year", completes the consultancy. For beef, Brazilian shipments totaled 188.6 thousand tons. “The figure was 129% higher than last year since in this period of 2021 China was absent from the Brazilian beef market due to the suspension of imports due to the finding of 2 cases of atypical Bovine Spongiform Encephalopathy (“Mad Cow”) in the country. Brazil. In relation to the last record, also reached in 2019, the data was 11% higher”, he indicates. “In 2022, exports already total 1.69 million tons, a pace 25% higher than that observed in ...

Source: Agrolink