21.
03.22
09:42

Forecast raised for second corn harvest in Brazil

On both this side of the Pacific and the other side, corn prices failed to find a consistent direction going into the weekend. The front dates in particular were weaker and gave way. Due to the lack of corn exports from Ukraine, rising demand is expected in the USA. China in particular is the main buyer of Ukrainian corn. Meanwhile, the analysts at Agroconsult expect that the second corn harvest in Brazil could reach a volume of 92.2 million tons. This would almost double the result from the previous year.

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