Brazil corn export rush edges out soybean at main grain ports.

Brazil’s main grain ports have seen a surge in corn exports at the expense of soybean, data from the country’s trade ministry shows, as the industry starts to clear space ahead of the upcoming soybean crop. Through January and February, as the 2017/18 soybean harvest picked up, the country’s main grain ports slowed soybean exports in an effort to free up terminal and warehouse space to focus on corn. Brazil harvested a record 114 million mt soybean crop but most of the corn MMT harvested later in the year, when the major ports were choked with soybean with little spare capacity to load the less lucrative corn.