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Brazil should ship up to 10.25 million tons of soybeans in June, ANEC points out

Posted by Rafael Moro

Image: Pixabay

Brazilian exports of soy in grain should reach 10.25 million tons, according to a weekly survey by the National Association of Cereal Exporters (ANEC). Last week, the forecast was between 10 million and 11 million tons to be shipped in the period. In June last year, exports totaled 11.92 million tonnes. In May, the country shipped 14.22 million tons.

In the week between June 20 and 26, Brazil shipped 2,07 million tonnes. For the period between June 27 and July 3, ANEC indicates the export of 2,95 million tons. Year-to-date, the Association projects shipments of up to 60,63 million by the end of June.

For soybean meal, the forecast is for shipments of 2,03 million tons in June. In the same month last year, the total exported was 1,39 million tons. In May, volume was 1,7 million tons. Last week, exports totaled 500,21 thousand tonnes and the forecast for this week is 531,52 thousand tonnes. In the year, the first half should close with 8,45 million tons shipped.

ANEC projects corn shipments of 89,21 tons in June. In June of last year, Brazil exported 787,8 thousand tons. There were no shipments of corn in May, according to data from the Association. Exports for the year totaled 2,9 million tons.

By: Dylan Della Pasqua | Safras & Mercado

This text was automatically translated from Portuguese.