Brazil: Corn surpasses soy and is the most exported product of agro in Goiás in January

Published Feb 28, 2023

Tridge summary

In January 2023, Goiás saw a significant shift in its export portfolio as corn surpassed soybeans as the top product, with a 170.3% increase in volume and a 219% increase in value compared to the same period in 2022. This change is largely due to China's new authorization for corn imports from Brazil, making it the leading buyer of Goiás' corn in January. Other exports including sugar, alcohol, meats, leather, and textiles, totaling US$490.6 million, while imports were at US$9 million.

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Original content

Corn surpassed soy and was the main product in the Goiás export basket in January 2023, according to data released by the Agrostat of the Ministry of Agriculture and Livestock (Mapa). Grain exports in the period totaled 514,600 tonnes, amounting to US$145.8 million. The commodity surpassed the numbers of the soy complex, which has always been in first place in the ranking of exports from Goiás. In January, the soy complex registered 235.7 thousand tons and 139.6 million dollars. Comparing the months of January 2022 and 2023, while corn registered a growth of 170.3% in terms of export volume and 219% in relation to value, soybeans presented a decrease of 58.2% in the case of exported quantity and of 52.7% in relation to the exported value. "With the prognosis of a good corn harvest this year, in Goiás, the producer has invested with the support of the Government of Goiás in the production of the grain. An example is the FCO [Constitutional Fund for Financing the Midwest], whose ...

Source: NoticiasAgricolas