First batch of Brazilian corn heads to China this week

The first ship heading the Brazilian corn will sail to China on Wednesday. It was a result of a deal the countries concluded earlier. 

According to data from shipping agency Alphamar, the vessel Star Iris is located in the port of Santos. The ship is carrying about 68,000 tons of corn for Chinese trader Cofco Corp.

The decision to purchase grain from Brazil was made back in May. Thus, the Chinese government plans to replace supplies from Ukraine and reduce dependence on the USA. In October, Beijing approved the export of more than 130 types of goods. In 2020-2021 70% of Chinese purchases were from the U.S.

Alphamar reports about plans to send a few more ships in November. As a result, the total volume of transported goods this month will be approximately 200,000 tons. The next ship will sail in early December.