China and Brazil reached an agreement on corn imports in 2022
The first batch of Brazilian corn with 68,000 tonnes arrived in China’s Guangdong Province.
According to the Xinhua News Agency, the Brazilian corn imported by China’s biggest food trader COFCO arrived at a port in the city of Dongguan, Guangdong, after a voyage of more than a month from Santos Port, Brazil.
China and Brazil reached an agreement on corn imports in 2022. Brazil is the world’s third-largest corn producer and the second-largest corn exporter.
According to the Chinese importer, Brazil in the southern hemisphere and China in the northern hemisphere complement each other in corn harvesting seasons, and importing corn from Brazil has diversified the supply channels of corn in China, thereby easing seasonal and regional fluctuations in supply.
The company is expecting several more shipments of Brazilian corn and the supply will gradually become stable.
