Brazil corn exports set to soar 80% in 2019.
Brazilian corn exports are forecast to reach a record of 41 million tonnes in 2019, according to grain exporter group Anec, bolstered by a weaker local currency and favorable Chicago prices after bad weather affected the U.S. crop. If confirmed, Brazilian exports will have grown by 80% from last year's level of 22.8 million tonnes, according to Anec data. The previous Brazilian corn export record was set in 2015, when the country exported 30.7 million tonnes.