Corn Supply Shock Leaves Europe Leaning on U.S. and Brazil

Global corn supply is tightening as a smaller U.S. crop, halted Black Sea shipments and Brazil's ethanol demand cut the corn available for export. Raphael Bulascoschi, StoneX Brazil Market Intelligence Analyst, explains why corn has moved from a comfortable surplus to a tighter balance. Attacks on Ukrainian ports, railways and bulk carriers have practically halted Black Sea grain shipments as drought lifts Europe's corn import needs. Corn use by Brazil's ethanol sector is projected to rise by more than 5 million tons, while Argentina's corn crop supports near-term supply without easing reliance on U.S. corn. Download the StoneX 2026 Commodities Outlook: https://www.stonex.com/en/insights/commodities-outlook/?utm_source=youtube&utm_medium=qr_code&utm_campaign=mi_outlook_q4_26 Discover Actionable Metals Insights with StoneX Market Intelligence: https://shop.stonex.com/collections/cotton?utm_source=youtube&utm_medium=qr_code&utm_campaign=mi_outlook_q4_26_sxtv_rafael_bulas 00:00 - Corn Supply Shock Goes Global 00:26 - Record Crop to Tight Balance 02:07 - Smaller U.S. Corn, Bigger Role 04:13 - Europe Loses Black Sea Grain 06:13 - Brazil Ethanol Eats Its Corn 08:44 - Argentina Corn Brings Relief 09:53 - All Eyes Turn South for 2027 Like and subscribe for more financial market insights. #Corn #Grains #StoneX #RaphaelBulascoschi --------- Like this video? Subscribe and turn on notifications so you don't miss any videos from StoneX: https://www.youtube.com/@StoneX_Official Visit https://www.stonex.com/en/insights/thought-leadership/?utm_source=youtube&utm_medium=social for insights, perspectives and thought leadership from StoneX's global network of experts. Visit our website: https://www.stonex.com?utm_source=youtube&utm_medium=social