Brazil, which is typically the world’s largest exporter of soybeans and the second-largest exporter of corn, is looking abroad for supplies of both. The reason is that a severe drought followed by the worst frost in decades has damaged local crops and sent prices soaring in the South American country. Driven primarily by the meat and vegetable oil industries, corn imports reached the highest level in 21 years so far in 2021, while the country’s soy imports were the highest since 2003, according to data from the Ministry of Agriculture. Development, Industry and Foreign Trade of the nation.