Brazil ends March/24 exporting 32.3% less corn than the same month in 2023

At the end of March, Brazil recorded shipments of 431,307.9 tons of unground corn (except sweet corn) for export, according to the report from the Secretariat of Foreign Trade (Secex). This represented just 32.30% of the total exported in March 2023 (1,335,257.5 tons). As a result, the daily average of shipments in the 20 working days of the month was 21,565.4 tons, representing a drop of 67.7% in relation to the daily average of shipments of 58,054.7 tons recorded in the 23 working days of last March. The estimate by Anec (National Association of Cereal Exporters) is that Brazil will export around 38 million tons of corn throughout 2024. This level would represent a decline of 32% in relation to the 56 million tons recorded in 2023 , a record level in the country's history. In financial terms, Brazil raised a total of US$110.417 million in the period, compared to US$401.744 million in March of last year. ...