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MercoPress, en Español

Montevideo, November 22nd 2024 - 08:39 UTC

Tag: corn export

  • Thursday, April 25th 2019 - 09:20 UTC

    Brazil and Argentina exports taking over US corn markets

    Corn production in Brazil and Argentina in 2018-19 is forecast to be 17.1% higher at 96 million mt, and 47% higher to 47 million mt, respectively

    US corn exports are facing increased competition from Brazil and Argentina, the two South American nations that are offering cargoes at competitive prices on the back of high crop output, a trend that could put downward pressure on Chicago corn prices in coming months, analysts said.