Brazil: Corn exports in March already exceed 1.1 million tons, surpassing Anec's forecast

Data released by the Foreign Trade Secretariat (Secex) indicate that Brazil has already exported 1,139,989.1 tons of unground corn (except sweet corn) up to this point in March. Therefore, the accumulated volume in just the first 18 working days of the month already represents 7,983% more than the total of 14,278.9 tons that were exported during the entire month of March 2022. As a result, the daily average of shipments was 63,332.7 tons, which, compared to the same period last year, represents an increase of 9,657.9% compared to the 649 in the second month of 2022. For the March total, the National Association of Cereal Exporters (Anec) estimated exports of 900,000 tonnes at this time and that cereal shipments are entering a period of lower volumes, since soy is dominant in ports due to the crop harvest. Itaú BBA Consulting Agro Analyst, Francisco Queiroz, warns that Brazil has already shipped 8.3 million tons of corn in the first two months of the year alone, with 1.1 million ...