# New project seeks to boost Brazilian corn meal exports - DatamarNews

> ApexBrasil and the National Corn Ethanol Union launched a 2023-2025 export promotion project for Brazilian corn DDG/DDGS, targeting China, Spain, Indonesia, Japan and other livestock markets. Brazil produced about 3 million tonnes of DDGS in 2022/23 and projects reach roughly 6.5 million tonnes by 2031/32.

- Date: 2023-07-12 · published 2023-07-12T12:00:00.000Z
- Category: trade · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/35033-new-project-seeks-to-boost-brazilian-corn-meal-exports-datamarnews
- Commodities: [DDGS](https://feedsoft.ai/c/DDGS.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Growing Brazilian DDGS supply and export promotion adds competition for U.S. DDGS in Asian and other feed markets, which could pressure DDGS prices over time.

## Read by commodity

- CORN: neutral
- DDGS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2024-02-08 | [With corn ethanol on the rise, Brazil doubles DDG exports - DatamarNews](https://feedsoft.ai/events/31775-with-corn-ethanol-on-the-rise-brazil-doubles-ddg-exports-datamarnews.md) | -1.4% | +1.6% |
| CORN | 2018-02-22 | [Exclusive - As Trump trashes NAFTA, Mexico turns to Brazilian corn](https://feedsoft.ai/events/66461-exclusive-as-trump-trashes-nafta-mexico-turns-to-brazilian-corn.md) | +1.4% | +3.0% |
| CORN | 2023-10-25 | [ADM Profit Tops Estimates On Good Ethanol Margins, Brazilian Exports \| ESM Magazine](https://feedsoft.ai/events/33610-adm-profit-tops-estimates-on-good-ethanol-margins-brazilian-exports-esm-magazine.md) | -3.5% | -4.0% |
| CORN | 2026-10-29 | [Egypt begins exporting high-protein corn gluten meal to African countries](https://feedsoft.ai/events/1535-egypt-begins-exporting-high-protein-corn-gluten-meal-to-african-countries.md) | -1.5% | — |
| CORN | 2020-05-11 | [Interview: Brazil corn exports, domestic demand to stay firm this season despite coronavirus: CEPEA \| S&P Global](https://feedsoft.ai/events/52959-interview-brazil-corn-exports-domestic-demand-to-stay-firm-this-season-despite.md) | -1.4% | +1.9% |

## Sources

- datamarnews.com: https://datamarnews.com/noticias/new-project-seeks-to-boost-brazilian-corn-meal-exports/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.