Brazil: Anec raises soybean, corn, and bran export forecast in December

Brazil's soybean exports in December were revised to 1.57 million tons, an increase of 330 thousand tons compared to the previous forecast of 1.24 million tons, according to data updated weekly by the National Association of Cereal Exporters (Anec). For corn, the estimate rose to 3.96 million tons, 370 thousand tons more than the 3.59 million predicted last week. For soybean meal, the projection was adjusted to 1.9 million tons, an increase of 460 thousand tons compared to the 1.44 million previously estimated. Between December 8 and 14, Brazilian ports are expected to ship 424.79 thousand tons of soybeans, 358.76 thousand tons of soybean meal and 1.12 million tons of corn, according to the port schedule. For wheat, weekly shipments are estimated at 29.27 thousand tons. In the accumulated period from 2024 to November, Brazil exported 97.40 million tons of soybeans, a drop of 3.87% compared to the 101.31 million tons recorded in the same period of 2023. Corn exports totaled 38.02 ...