Brazil corn demand to jump in 2020; sharp drop in exports likely

Nov 28, 2019

Domestic demand for corn is expected to grow 6% in Brazil in 2020, driven by increasing corn-ethanol production and buying from the meat industry, which uses the cereal to make livestock feed, Dutch bank Rabobank projected on Thursday.

That outlook would likely reduce exports from one of the world’s top corns exporter next year, opening room for the United States and other players, Rabobank’s grain analyst […]

The post about "Brazil corn demand to jump in 2020; sharp drop in exports likely" appeared first on Canada website.

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