Monthly update to China’s Agriculture Supply and Demand Estimates (Casde)

Transportation issues and vigorous competition from Brazilian growers challenge US sales

According to official customs data, the country has exported the largest corn volume on record, while its soybean exports lag behind

Cold spells followed by warmer periods could impact quality of crops

Low stocks set the country on course to import

While soybean and wheat sales present a mixed picture, corn sales show a downward trend

Volumes shipped from Brazil reached 54.39 million tonnes in 2022, down 6.45% from the previous year

International shipments to increase to 10.6m tonnes

ANEC, the Brazilian grain exporters association, forecasts soybean exports to hit over 90 million tonnes and corn shipments to surpass last year's volumes

As forecasts for Australian wheat estimate record volumes, concerns grow around logistics issues that may curb exports