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Although the COVID-19 pandemic hurt foodservice channels, beer consumption in the country grew steadily last year. Brazilians shifted from consuming beer away-from-home to at-home during the pandemic months. In addition,

Post revised down its 2021/22 forecast corn harvest to 113 million metric tons (MMT) on the account of disappointing first-crop corn volumes. Consequently, the corn export forecast is also lowered to 42 MMT.