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Brazilian corn exports in May grow 173% compared to 2011
According to the Ministry of Development, Industry and Foreign Trade (MDIC), Brazil exported 165,700 tonnes of maize in May.
Revenue was $ 45.6 million. Compared to shipped in April, the volume was 59.9% higher. Compared to the same period last year, exports increased 173%.
Despite the best results in May, the accumulated this year, the country exported 1.68 million tons of corn, 39.6% less than recorded from January to May 2011. The average price of exported ton of corn was US $ 275.50, 33.3% more than that recorded in 2011.
Source: Source: Scot Consulting
