Brazil cut soybean exports in December

Brazil's soybean exports in December 2022 were estimated at 1.51 Mt, down from the previous month's figure of 1.92 Mt, and well below December 2021 (2. 53 million tons). Thus, the total export of soybeans from Brazil according to the results of 2022 is estimated at 77.8 million tons against 86.6 million tons in 2021. At the same time, it is noted that 70% of the indicated volume was delivered to China. The country also shipped 1.37 million tons of soybean meal in December (1.35 million tons a month earlier; 1.54 million tons in December 2021). The total export of the product for the year reached 20.42 million tons (+3.54 million tons to the level of 2021). As for grains, the export of Brazilian corn in the last month of 2022 amounted to 5.83 (5.39; 3.32) million tons, wheat - 689.25 (116.81; 538.64) thousand tons. In general, in 2022, Brazil supplied 43.16 million tons of corn (20.61 ...