Brazil’s corn export routes diversify with flows from northern ports: New Key Port Differentials

Corn is the country’s second-largest crop, behind soybeans, which account for almost half of the grain and oilseed produced each season. But corn output has nearly tripled in the last two decades, while total production of oilseeds and grains has more than doubled.

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• 2023-24 was Brazil's second largest corn cycle, despite low planted area and unfavourable weather
• The port of Santos is accounting for at least 37pc of Brazil's volumes of corn shipped annually
• The Northern Arc has become increasingly important for the country's grain exports