Exports of whole soybeans grow by 6.7%

From January to October, Brazil exported 19.6 million tons of soybean meal — a record volume for the period. According to data from Secex analyzed by Cepea, the increase reflects the heated demand from countries outside the traditional axis, such as Spain, Denmark, and Bangladesh. The volume shipped in the period reached 19.6 million tons — the highest in the historical series for these ten months. The boost came especially from countries considered outside the traditional purchasing circuit for the derivative, such as Spain, Denmark, Bangladesh, and Portugal. At the same time, the domestic market also showed a greater appetite for purchasing meal, which highlights a dynamic of heated demand both abroad and in Brazil. Grain soybeans maintain growth trajectory Grain soybeans also registered a rise in exports. In the year-to-date, Brazil shipped 100.6 million tons, surpassing by 6.7% the volume exported in the same period of 2024. China remains the main destination, absorbing 78.8 ...