Export Opportunity for U.S. Corn As Brazil Yields — Panjiva
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Export Opportunity for U.S. Corn As Brazil Yields

Ags - Grains/Beans 318 Argentina 60 Brazil 415 U.S. 5399

Brazilian authorities have approved three more U.S. GMO corn crops for import. This comes as the crop yields struggle in the face of poor weather conditions. Panjiva data shows Brazil’s corn exports fell 25% on a year earlier in August, and imports jumped 34%. So far Brazil has relied on Argentine corn to make up shortfalls – there seems to be an opportunity for U.S. seed suppliers and farmers.

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