SunSirs: The Estimated Export Volume of Brazilian Corn in November 2023 is 8.323 Million Tons
November 17 2023 10:03:48
The Association of Brazilian Grain Exporters (ANEC) stated that Brazil's corn exports in November were estimated to be 8.323 million tons, lower than the estimated 8.352 million tons a week ago.
If this prediction becomes reality, it will increase by 52.2% compared to the export volume of 5.468 million tons in November last year.
As a reference, Brazil's corn exports in September this year reached a record high of 9.34 million tons, an increase of 36.3% year-on-year.
The estimated export volume of Brazilian corn in the first 11 months of this year was 50.66 million tons, compared to 37.41 million tons in the same period last year.
This year's strong corn exports reflect the large production of second season corn and the growing demand in China.
ANEC expects Brazil's corn exports to be 52 million tons in 2023, which is higher than the historical peak of 44.7 million tons in 2022 and far higher than the 20.6 million tons in 2021.
If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.
- 2024-04-29 SunSirs: China Corn Prices Remained Stable with a Weak Trend Last Week (April 22-26)
- 2024-04-24 SunSirs: China Corn Prices Continued to be Weak Last Week (April 15-19)
- 2024-04-16 SunSirs: China Corn Prices Fluctuated weakly Last Week (April 8-12)
- 2024-04-07 SunSirs: China Corn Market Declined weakly, with a Decline of over 6% in the First Quarter of 2024
- 2024-03-26 SunSirs: China Corn Prices Fluctuated and Moved forward Last Week (March 18-22)
