Grains trader Bunge Ltd has been exporting small quantities of Brazilian corn to the United States this year, and it may export more if drought continues to damage the United States crop.
The company’s vice-president of agribusiness and logistics, Murilo Braz Sant’anna, said Thursday he doesn’t think current differences between a booming Brazilian crop and the shortfall from drought in the U.S. will lead to a permanent reordering of the global grain trade, Reuters reports.
From the St. Louis Business Journal
