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China's COFCO projects bigger Brazil soy, corn harvests in 2025
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China's COFCO projects bigger Brazil soy, corn harvests in 2025
Jul 2, 2024 9:14 AM

SAO PAULO, July 2 (Reuters) - China's COFCO

International projects a potential increase of Brazilian soybean

and corn harvests in the 2024/25 cycle while also gearing up to

advance the expansion of a key port terminal next year,

positioning it as one of the largest grain exporters in the

country.

In written answers to Reuters on Tuesday, Luiz Noto, the

company's new CEO for grains and oilseeds in Brazil, said the

firm would begin operating the first phase of the new terminal

in the port of Santos, Latin America's largest, in the first

half of 2025.

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