The total exported of maize, in the month of July, was of more than 2 million tons in absolute terms. External corn sales rose from 1.99 million tons in July/2021 to 4.12 million tons in July/2022 (+106.9%).
As for the export turnover, which was US$ 1.15 billion (+189.7%), this was also a record for the month of July, due to the increase in average cereal export prices, 40% higher compared to the same month last year.
Iran was the biggest importer of Brazilian corn in July this year, with the acquisition of 832 thousand tons or the equivalent of US$ 258.93 million (+308.4%). Then come Colombia (US$ 118.42 million; +2,416.7%) and Japan (US$ 102.97 million; +34.3%).
The high availability of corn, announced by Conab in July of this year, with the first and second harvests in the harvesting phase, and the third harvest with a forecast for sowing completed, create a favorable scenario for a greater pace of exports in the second half of the year, whose domestic demand forecast for the year is 77.19 million tons.
August 11, 2022 /MAP /Brazil.
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