Corn exports from Brazil in July were estimated this Monday at 4.8 million tons, an increase of 1.8 million tons compared to the same month in 2021, according to a survey by the maritime agency Cargonave, based on the schedule of ships. for shipments.
With the advance of the harvest of the second corn crop, which should be a record, corn exports from Brazil tend to be stronger in the coming months, while last year the crops suffered the impact of drought and frosts, which reduced the supply to external sales.
On the other hand, the export of soya of the country is expected to be weaker after the harvest of a smaller crop in the first half compared to 2021, and is estimated at 6.3 million tons, compared to 7.9 million in July last year, according to Cargonave.
Soybean meal exports were projected at 1.7 million tons, stable in the annual comparison.
Source: investing.com
