Production losses could be severe for one of Canada’s main competitors as a lack of rain and potential frost risk threaten crops.
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Brazil’s bin-busting corn crop poised to drive down prices
This will be a momentous year in the corn market, says analyst Todd Hultman. Brazil is poised to export 53 million tonnes of the crop in 2022-23, compared to 45 million tonnes for the United States. “They are easily passing us on the export total, and that’s the first time in history we have seen […] Read more