Data from Brazil's National Association of Cereal Exporters (ANEC) show that from January to October this year, Brazil's corn exports totaled 31.8 million tons, an increase of 119.3% from the 14.5 million tons in the same period in 2021, and also exceeded the export volume for the whole of last year. 20.6 million tons.

Last year, Brazil's corn suffered drought and frost damage, reducing export supplies.

Brazil's corn exports in October 2022 stood at 6.24 million tons, well above the 1.87 million tons in the same month last year, ANEC said.

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