Brazil can now export palatability enhancers for animal feed to Thailand
In 2022, Brazil exported US$ 3.14 billion worth of agricultural products to Thailand, with shipments of 5.58 million tons.
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In 2022, Brazil exported US$ 3.14 billion worth of agricultural products to Thailand, with shipments of 5.58 million tons.
Compared to the November report, estimates for world corn production and trade improved slightly, and Brazilian soybean projections were cut.
This year's area is 18% smaller than the last season when the first crop spanned 379,100 hectares.
Compared to the October report, estimates for global corn production and exports were upgraded, with a larger U.S. crop expected. As for soybeans, a slight increase was projected for global production and a decrease in ending stocks.
Historic drought impacts soybean production, crushing reaches 18-year lows, leaving Argentina dependent on imports.
Ministers are holding a series of meetings in parliamentary committees to present the priorities of the Spanish Presidency of the Council.
Spain's animal feed production reached 37.5 million tons and remains the European leader in compound feed production in 2022.
Compared to the September report, production and export estimates for corn remained unchanged, while for soybeans there was a significant cut in final oilseed stocks.
For soybeans, the country's main crop, estimates show growth in planted area and yields.
Following the expiration of restrictive measures on Ukrainian exports to the EU of cereals and other food products, Ukraine agrees to introduce measures to prevent a new spike in imports to the EU.
Contrary to the expected cut in the world corn crop, given the adverse effects of the El Niño phenomenon in the United States, the estimate was slightly higher compared to the August report. As for soybeans, the total projection was again reduced due to the lower production expected in the United States.
Corn and soybean production is expected to be around 103.8 million tons.
From January to August, soybean contracts and final sales fell 44% with respect to the previous year and 50% less with respect to the average from the last six years.
Harvest reached 322.8 million tons. The result reflects both a larger planted area and a better average yield.
Within the framework of the Sectoral Strategic Cooperation Program (SSC) between the Ministry of Agriculture and Rural Development of Vietnam and the Danish Ministry of Environment and Food, Denmark has sent experts to Vietnam to provide technical support and to take samples for quality inspection to certify conformity of imported animal feed at ports.
So far this year, soybean meal exports from Brazil have exceeded the volume shipped from Argentina.