Brazil Grain Exports Not Affected by Coronavirus Turmoil

source: Reuters News Service

Global market turmoil caused by the rapid spread of the novel coronavirus will not affect Brazilian grain exports, grain exporters association Anec told Reuters in a phone interview, according toReuters.

Anec Director Sérgio Mendes said the association is holding steady its projection that Brazil will export between 73 million tonnes and 74 million tonnes of soybeans this year and between 34 million tonnes and 35 million tonnes of corn.

“Sometimes we are criticized for mainly exporting primary goods. Thank God we export food,” Mendes said.