Brazil's corn export program for 2024 has reached 5.4 million tons by May 22, significantly lower than the previous year. Fertilizer purchases for the 2024-25 soybean crop in Brazil are ahead of last year, with a focus on Potash. Argentina is set to begin corn exports to China in July, a long-awaited development. Private exporters have sold 8.5 million bushels of corn to Mexico, with 77% for delivery this year and the rest for 2024/25. China has allowed Argentine corn imports, with the first shipment expected in July, impacting Brazil as China's current main corn supplier.
More dollars for the Government: after several years of management, China 🇨🇳 finally allowed the entry of Argentine 🇦🇷 corn They are looking for the first shipment to be in July. The Asian giant is the main importer of cereal in the world. Today Brazil 🇧🇷 is the main supplier. https://t.co/jJMQlbk60b
#Argentina on track to start corn exports to China in July - grains chamber head https://t.co/6d7es7o0zi
🔵 EXCLUSIVE-ARGENTINA ON TRACK TO START CORN EXPORTS TO CHINA IN JULY - GRAINS CHAMBER HEAD Full Story → https://t.co/HF4sKHIY05 Argentina is on track to start long-awaited corn shipments to China from July, the country's grain export chamber told Reuters on Tuesday, which…
⚠️ Private exporters announced the sale of 8.5 million bu. of #corn to #Mexico. 🌽🇲🇽 Of the total, 77% is for delivery during the current marketing year, with the remainder for delivery in 2024/25. More on USDA #export announcements: https://t.co/RERhCREdNW https://t.co/c6Q0c5I5pI
Fertilizer purchases in Brazil for soybean 2024-25 crop. The pace is ahead of LY, mainly because of the Potash. Some takeaways: 1) producers doing more barter instead of taking the ratio risck like the last 3 crops; 2) farmer selling for NC is ahead of LY in 5 percent points; 3)… https://t.co/Phs6K10TKE
The Brz corn export program reached only 5.4 Mi t up to May 22, 2.6 Mi t below LY (Jan-Dec). LY The export program reached 43 Mi t till The end of Sep. This year the program pace will be much slower. Coops and producers in MGDS, Parana and RGDS are holding corn, taking… https://t.co/Xvx0f9nVks