Hi boy,
I was told by an associate of Agroconsult corn stocks in Brazil would continue to be low next year, even if the estimates for a supercrop are confirmed. He explains that the competitiveness of the cereal, all the surpluses would be exported because of a lower cost cost comparing to the U.S., its major competitor. Major corn cosumers in the country such as Brasil Foods, AB Inbev and Aurora Cooperative should anticipate their purchases.
What are your thoughts on that?
