Import market for Soybean in Peru (6월, 2022)

The recent USDA report for the 2022/23 U.S. corn outlook shows an increase in beginning stocks, a slight rise in use, and a increase in ending stocks, despite unchanged forecasts for corn area and yield. This is primarily due to a forecast decrease in exports for 2021/22 and an increase in food, seed, and industrial use. Global coarse grain production for 2022/23 is also forecast to increase, with changes in production, trade, and ending stocks for various countries and grains such as corn and barley. Notably, EU corn imports are expected to rise, while exports are expected to decrease for countries like Australia, the EU, and Ukraine, leading to increased corn ending stocks globally.