News

Brazil should export 3 times more soy in February than in January, says Anec

Soybean
Grains, Cereal & Legumes
Published Feb 22, 2024

Tridge summary

Brazil's soybean exports are expected to surge to 7.3 million tons in February, up from 2.32 million tons in January, according to the National Association of Cereal Exporters (Anec). However, corn exports are predicted to drop to 716.7 thousand tons from 3.43 million tons. Meanwhile, soybean meal exports are set to increase to 1.85 million tons, and wheat exports are projected to reach 715 thousand tons. Notably, no corn shipments are scheduled for the week of February 18th to 24th.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

Brazil is expected to export 7.3 million tons of soybeans in February, according to the National Association of Cereal Exporters (Anec). The number is higher than the 2.32 million tons exported in January and below the 7.54 million tons shipped in February last year, the entity said in a weekly bulletin based on the port ship schedule. Regarding corn, shipments should total 716.7 thousand tons in February, below the 3.43 million tons exported in January and the 1.93 million tons in February 2023. Soybean meal exports in February 2024 are expected to total 1.85 million tons, above the volume shipped in January, of 1.75 million tons, and the 1.27 million tons exported in February last year. For wheat, the forecast is for shipments of 715 thousand tons, below the 685 thousand tons in January and the 523 thousand tons in February last year. In the week between February 11th and 17th, 2 million tons of soybeans were exported; 100.6 ...
Source: CanalRural
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