Slow corn shipments: in 4 weeks of March/24, Brazil shipped only 18% of what was registered in all of March/23

By the fourth week of 2024, Brazil had shipped 245,541.3 tons of unground corn (except sweet corn) for export, according to a report from the Secretariat of Foreign Trade (Secex). This represents just 18.38% of the total exported in March 2023 (1,335,257.5 tons). As a result, the daily average of shipments in these first 16 working days of the month was 15,346.3 tons, representing a drop of 73.6% in relation to the daily average of shipments of 58,054.7 tons recorded in the 23 working days of last March. In financial terms, Brazil raised a total of US$67.603 million in the period, compared to US$401.744 million in March of last year. Which, on a daily average, leaves the current month with a drop of ...