SunSirs: Brazil's Corn Export Forecast Increases by 6.5 Million Tons
December 15 2025 15:27:22 SunSirs (Selena)
CONAB has released the third survey of this year, and it is estimated that Brazil's corn exports for 2025/26 will be 46.5 million tons, which is the same as last month's forecast but an increase of 6.5 million tons compared to the previous year.
The expected export volume of Brazilian corn is 46.5 million tons, an increase of 6.5 million tons from the previous year, indicating a significant increase in global supply and exerting downward pressure on corn spot prices. Based on corn futures data, such as the closing price of contract 2601 at 2,243 RMB/ton, there has been a slight increase recently, but the expectation of increased exports may suppress future futures price trends, leading to an increase in bearish sentiment in the market.
Corn starch, as a derivative of corn, an increase in corn supply will reduce raw material costs and have a negative impact on the spot price of corn starch. The decrease in production costs may drive companies to sell at lower prices, thereby suppressing price levels.
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