News

Brazil can maintain its leadership in the global corn market

Maize (Corn)
Brazil
Market & Price Trends
Published Feb 24, 2024

Tridge summary

The US Department of Agriculture (USDA) predicts that Brazil will continue to be a major global corn exporter over the next decade, with potential shipments reaching 77.5 million tons. The USDA also forecasts that Brazil could provide an additional 46% of grains and 72% of soybeans to the global market, along with significant contributions of pork, poultry, and beef. By the 2033-34 agricultural year, Brazil's soybean exports are projected to reach 133 million tons, surpassing the estimates for the United States.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

Over the next ten years, Brazil will maintain its status as a global corn exporter, which it achieved in the 2022-23 agricultural year. Datamar News writes about this. It refers to forecasts of the US Department of Agriculture (USDA or USDA, publishes production indicators and their estimates not only in the States, but also in other large agricultural countries - ROSNG). According to them, shipments of this crop by that time could amount to about 77.5 million tons. Let us remind you that the agricultural year for her in the country begins around September, the second harvest (safrinha) under optimal agro-climatic conditions begins in January. Russia sent wheat to 6 African countries – Patrushev In this case, according to USDA calculations, the Latin American country can supply an additional 46 percent of these grains entering the world market in the coming years and 72 percent of soybeans, and from meat products (the production of which is facilitated by the creation of feed from ...
Source: Rosng
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