RIO DE JANEIRO, BRAZIL - (Reuters) Brazil and China are in talks to boost corn trade between the two nations, though raising exports to the Asian nation at this time is unfeasible due to inter-harvest supply shortages, Abramilho, a corn producers association, said on Wednesday, December 16th.
Only a fraction of Brazil’s corn sales went to China last year - 68,550 tons, according to Brazilian government data. Total corn exports were 42.7 million tons in the period. By comparison, China bought almost 80% of Brazil’s soy, or 58 million tons last year.
On Tuesday, Bloomberg reported that . . .