Brazil's soy export pace dropped 9.2% in March, while corn soars

Published 2023년 3월 13일

Tridge summary

Brazil's soybean exports have seen a decrease of 9.2% in the first two weeks of March compared to the same period last year, reaching 502,900 tonnes a day. This decline is attributed to harvest delays in some producing states. On the other hand, foreign corn sales have increased, with the daily average reaching 91.47 thousand tons in March, up from 649 tons per day in the same month last year. Additionally, oil shipments have more than doubled, with the daily average increasing by 167.9% compared to March 2022.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

SAO PAULO (Reuters) - Soybean exports from Brazil until the second week of March reached 502,900 tonnes a day, down 9.2% from the daily average recorded in the same full month of 2022, according to data from the government released this Monday, in the midst of the oleaginous harvest. Harvest work for the 2022/23 cycle is delayed in some producing states, compared to the past harvest, which contributes to reducing the volume of soybeans available for shipment. The country is the largest global producer and exporter of the grain. On the other hand, data from the Foreign Trade Secretariat (Secex) show that foreign corn sales have jumped, with the daily average reaching 91.47 thousand tons in March, against ...

Source: NoticiasAgricolas