Soybean exports grow 282% in January in Paraná, Brazil

Published 2024년 2월 19일

Tridge summary

An unusually early soybean harvest in January resulted in a record-breaking increase in the volume of soybean complex products exported by Paraná. The exports reached 1.2 million tons, marking a 282% increase from the 326.5 thousand tons exported in January 2023. Despite the volume increase, the value did not significantly rise due to a drop in international market prices. The exports were led by soybeans with 853.5 thousand tons, followed by soybean meal with 365 thousand tons.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The accelerated soybean harvest in January this year, which is unusual for the period, led to a significant increase in the volume of soybean complex products exported by Paraná, driving a record in this segment in history for the month. In the first month of this year, 1.2 million tons of products from this complex left the state, a volume 282% higher than the 326.5 thousand tons in January 2023. The numbers are on Agrostat, a platform from the Ministry of Agriculture and Livestock that monitors foreign trade in agricultural products. However, in terms of values, the percentage was not so significant, given the drop in prices on the international market: US$ 215.7 million were obtained in January last year and US$ 542.2 million this year (151.3 %). Within the complex, soybeans lead the volumes, with 853.5 thousand tons, compared to 84.8 thousand tons in 2023. With an average of US$505 per ton this year, the financial volume reached US$542.2 million . In January last year, the ...
Source: CanalRural

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.