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Mexico replied the Tramp with purchase of corn in Brazil
Mexico, which typically buys corn in the U.S., recently contracted 35 thousand tons of Brazilian corn. The reason for this decision was a new outbreak of a tariff war between the two countries at the initiative of the trump. The Agency said Grain Online, citing Reuters news Agency.
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According to Brazilian brokerage INTL FCStone, a cargo of corn for Mexico will be shipped from the port of Santarem in the country's North on June 22.

According to experts, this deal is unlikely to mean a reorientation of Mexico on the Brazilian corn more of a symbolic gesture in the period of trade negotiations of Mexico with Washington.

Although... in a situation when the United States in the new season may face a shortage of supply of maize on the domestic market and already have started to contract Brazilian grain, cannot be excluded and larger imports from Mexico.

 

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Translated by service "Yandex.Translation"
Источники: АгроXXI
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