Grain trade ramping up between Brazil and China

Grain trade ramping up between Brazil and China

Grain trade is ramping up between two big players on the global market.

Joana Colussi, a post-doctoral student at the University of Illinois originally from Brazil, tells Brownfield a recent trade agreement creates the potential for corn exports from Brazil to China to reach 50 million metric tons in 2023.

“In 2022 Brazil hit a record in corn exports with just two months of that agreement with China; November and December.