Brazil: Anec reduces export estimates for soy, bran, and wheat, but raises them for corn

The National Association of Cereal Exporters (Anec) lowered its soybean export projection from Brazil in March to 15.197 million tons, down from 15.388 million tons expected last week. On the other hand, the entity raised the estimated volume of corn shipped this month, to the range of 729,196 to 836,428 tons, compared to 549,000 to 898,632 tons last week. For wheat, the entity made a cut in the export forecast in March, to 591,031 tons, compared to 727,815 tons before. In the case of soybean meal, the reduction was more pronounced, to 1.757 million tons, compared to 1.787 million tons expected a week ago. In the week of March 19th to 25th, Brazil shipped abroad 3.6 million tons of soy, 465,626 ...