Fierce dispute: Brazil may overtake the US as the largest exporter of soybeans and corn
[ad_1]
If it materializes, Brazil will pass from the United States for the second time in history in relation to corn. Corn on property of Sergipe Arquivo/Josivaldo Goes dos Passos Brazil is in a fierce dispute with the United States for leadership in soybean and corn exports, according to the forecast report by the United States Department of Agriculture (USDA) published on Wednesday. fair (8). According to the document, Brazilian corn exports for the 2022/23 harvest should match those of the country by around 51 million tons. If the prediction comes true, it would be the second time in history that Brazil surpasses the United States in corn exports. The first time was with the 2012/2013 harvest, due to the drought that affected the US at the time. The estimate is that the United States will export 48.9 million tons, while Brazil should send 50 million tons abroad. As for soybeans, the US Department of Agriculture predicts that exports will continue to fall, with a record low of 318,000 tons. In parallel, Brazil and Paraguay should be an alternative seller for Argentina, which suffers from drought and high temperatures in the producing regions. With this, Brazil should reach 92 million tons in soybean exports. The United States must sell 54.2 million to other countries. Some of the reasons for lower US exports must be high domestic demand and higher prices, which make the country less attractive for oilseed buyers, points out the report. Read also: g1 teaches how to choose the right corn by the hair Designed with an algorithm, corn planting in Argentina forms Messi’s giant face; see PHOTOS Where does corn come from? Test your knowledge in the quiz Watch: Where does what I eat come from: Corn How to choose green corn
[ad_2]
Source link