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Brazilian producer Inpasa makes corn oil and DDGS at plants in Paraguay, Brazil, and its newest unit in Dourados, Mato Grosso do Sul, which started in 2022. The company exports these products to Arab countries and aims to expand sales to the Middle East and North Africa.
Growing Brazilian corn-based DDGS exports add supply competing with US product in Middle Eastern markets, a modestly bearish factor for DDGS prices.
anba.com.brFrom the NewsroomMay 22, 2023Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
