Content ID

335596

UPDATE 1-China customs updates list of approved Brazilian corn exporters

(Adds detail, background no immediate comment from Brazil's agriculture ministry)

BEIJING, Nov 2 (Reuters) - Chinese customs updated its list of approved Brazilian corn exporters on Wednesday, a move a source with knowledge of the process said meant exports of Brazilian corn to China could begin.

The new list included 136 corn export facilities, a document on the website of the General Administration of Customs showed, including facilities owned by ADM , Bunge, Cargill, Louis Dreyfus and Cofco International.

Brazil's agriculture ministry did not immediately respond to a request for comment.

China importing corn from Brazil would be a blow to the United States, the world's top corn supplier. China currently relies on the United States and Ukraine for its corn supplies but Russia's invasion of Ukraine has disrupted exports.

Beijing and Brasilia had signed a protocol for exporting corn from Brazil to China in 2014 but little trade had happened due to complex inspection requirements.

The countries agreed to a revised protocol during high-level talks in May, just months after Russia in February invaded Ukraine, previously one of China's top two suppliers.

China is expected to import 18 million tonnes of corn in the 2022/23 crop year that began in October, according to the agriculture ministry.

China's imports from Ukraine have dwindled to less than 2,000 tonnes in September this year, leaving it reliant on the U.S. for the bulk of its overseas supplies. (Reporting by Dominique Patton in Beijing and Ana Mano in Sao Paolo; editing by Jonathan Oatis)

© Copyright Thomson Reuters 2022. Click For Restrictions - http://about.reuters.com/fulllegal.asp

Read more about
Loading...

Tip of the Day

Connected coffee-can carrier

Coffee can tote I made this carrier for screws and other fasteners out of small metal coffee cans (but plastic cans would work, too). They are attached to... read more

Talk in Marketing

Most Recent Poll

Will you have enough on-farm storage for harvest?

I just want to see the responses
43% (26 votes)
Yes
40% (24 votes)
No, it’s going to be a bin-buster
7% (4 votes)
Maybe, depending on yields
5% (3 votes)
No, I am looking at new bins or temporary storage
5% (3 votes)
Total votes: 60
Thank you for voting.