Outlook for U.S. Agricultural Trade No. (AES-93) 21 pp

June 2016

Brazil's Corn Industry and the Effect on the Seasonal Pattern of U.S. Corn Exports

Brazil has emerged as the largest U.S. competitor in the global corn market with second-crop corn, harvested late in the local marketing year, boosting exports from September to January. A change in export seasonality could alter the seasonality of U.S. corn prices, further weakening corn prices at harvest and eroding U.S. export market share.

Keywords: United States, Brazil, corn, production, prices, shipments, seasonality of exports

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