Coffee review

Will the slowdown in the export of Brazilian corn coffee and white sugar affect the production of high quality coffee in Brazil?

Published: 2024-11-08 Author: World Gafei
Last Updated: 2024/11/08, According to figures from the Brazilian Ministry of Trade, Brazilian exports of corn, coffee and sugar in November 2015 were lower than in October, but still higher than in the same period a year earlier, as the weak exchange rate of the Brazilian real helped Brazilian merchandise exports remain strongly competitive. Brazil's trade ministry said that Brazilian corn exports in November were 4.76 million tons, down from a record 5.5 million tons in October. Brazil Valley

According to figures from the Brazilian Ministry of Trade, Brazilian exports of corn, coffee and sugar in November 2015 were lower than in October, but still higher than in the same period a year earlier, as the weak exchange rate of the Brazilian real helped Brazilian merchandise exports remain strongly competitive.

Brazil's trade ministry said that Brazilian corn exports in November were 4.76 million tons, down from a record 5.5 million tons in October. Figures released Tuesday by the Brazilian Association of Grain exporters (Anec) showed that Brazilian corn exports in November were 4.9 million tons, down from 5 million tons in October. Analysts said the gap in the figures could be due to the fact that Brazil's trade ministry sometimes carried forward some of its exports to subsequent months.

In major ports such as the ports of Santos and Paranagua in southern Brazil, dry bulk shipments such as corn and sugar have slowed down for several consecutive days, but exports are still much higher than in the same period last year.

Brazilian corn production is at an all-time high and the soybean export season is over, according to Paulo Molinari, a corn expert at Safras e Mercado. Corn uses idle port capacity, including newly operated ports in the north and north-east. The FOB export price of Brazilian corn is slightly higher than the price of US Bay corn, and most of the corn currently exported is under contracts signed a few months ago.

Traders also said that even if rain slows the pace of shipment of goods at ports in southern Brazil, the expansion of railways and grain terminals in the Amazon tributary will help Brazil export more corn. Infrastructure construction has helped ease the overweight pressure on southern ports in recent years.

Source: master Boyi

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