Brazil's Corn Industry and the Effect on the Seasonal Pattern of U.S. Corn Exports
- by Edward Allen and Constanza Valdes
- 6/15/2016
Overview
Brazil has emerged as the largest U.S. competitor in the global corn market with second-crop corn, harvested late in the local marketing year, boosting exports from September to January. A change in export seasonality could alter the seasonality of U.S. corn prices, further weakening corn prices at harvest and eroding U.S. export market share.
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Brazil's Corn Industry and the Effect on the Seasonal Pattern of U.S. Corn Exports
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