In the partial of 2024, Brazilian revenue from corn shipments falls by almost US$ 5 billion

Published 2024년 12월 6일

Tridge summary

Between January and November 2024, Brazil experienced a significant decline in corn grain exports, generating US$ 7.3 billion, a 40.5% decrease from the previous year's US$ 12.2 billion, with export volumes dropping by 28.7% to 35.5 million tons. Conversely, corn imports rose by 21% to 1.4 million tons, with import revenue increasing by 4.8% to US$ 261.6 million. Additionally, the article mentions DBO Play, a YouTube channel with programs like Livestock Market, and e-DBO, a digital content channel for beef cattle farming resources in Brazil.

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

Original content

Between January and November 2024, Brazil collected US$ 7.3 billion from corn grain exports, which represented a sharp drop of 40.5% (or US$ 4.9 billion) compared to the record revenue obtained in the same period of 2023, of US$ 12.2 billion, according to data from the Secretariat of Foreign Trade (Secex). In terms of volume, Brazilian shipments of the cereal fell 28.7% in the period up to November/24, to 35.5 million tons, compared to 49.8 million tons exported in the same period last year – a decrease of 14.3 million tons. Considering the same period from January to November 2024, Brazil imported 1.4 million tons of corn, an increase of 21% over the result obtained in the same period last year. In terms of revenue, Brazilian purchases of the grain reached US$ 261.6 million up to November/24, an increase of 4.8% compared to the result for the same period in 2023. Livestock Market Want more analysis on the beef cattle market? Follow the program Livestock Market, every Wednesday on ...

Source: PortalDBO