Exports of Brazilian maize are expected to increase from June onwards as Brazil harvests this year’s second maize crop.
Due to Brazil’s large harvest, this year’s exports will probably sell at a lower price than maize from other exporters.
As the largest maize importer, China should benefit from affordable Brazilian maize and has already cancelled orders for more expensive imports from the USA. In November 2022, China approved the import of Brazilian maize, which had previously been banned due to phytosanitary concerns.