Argentine Corn Exports to North Africa Surge 42% on Ukraine Supply Shift

Argentina has shipped 6.4 million tons of corn to Morocco, Egypt, and Algeria so far this year, a 42% increase, as these countries diversify away from Ukrainian grain due to sourcing difficulties. This marks a structural shift in global corn trade flows, with North Africa emerging as a key destination for Argentine supply. The trend underscores ongoing disruptions in Black Sea grain exports and their ripple effects on global agricultural markets.