According to data from the Secretary of Foreign Trade (Secex) released on Thursday, soybean exports from Brazil averaged 196.15 thousand tons per day up until the third week of February, a little increase of over 30,000 tons per day over the average volume recorded in the second week of the month. Government statistics show that soy shipments have decreased as expected compared to February of last year, when the daily average was 330,000 tons. Sérgio Mendes, the director of the National Association of Cereal Exporters (Anec), predicted a decrease in Brazilian soy exports for this month as a result of weather conditions that impacted shipments at ports.
Sources: Reuters/MoneyTimes (*Translated by Ia Niani)