News ID: 100557
Publish Date : 01 March 2022 - 22:11
TEHRAN -- Iran is likely to step up corn imports from Brazil, with a urea cargo about to set off for the South American country next week under a barter arrangement.
Iran sources 60% of its corn supplies from Brazil and the rest from Ukraine and Russia. It could import 100% of its needs from Brazil if the conflict between the east European neighbors persists, head of Iran-Brazil chamber of commerce, industry and agriculture Fakhreddin Amerian said. “The barter of urea as fertilizer with livestock input from Brazil starts next week when a urea shipment will be sent and corn will be imported in exchange,” he told reporters.
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