Grain exports from Brazil and the US to the European Union have tripled since Russia’s de facto blockade of Ukraine’s ports in March, helped by high temperatures across the EU, according to market data.
Brazil’s year-over-year exports leapt to 2.2m tonnes for July, while US volumes soared to 1.1m tonnes, a Braemar ACM Shipbroking report said. July’s grain exports from Australia rose 13.2%