Brazil is projected to export between 8.3 million and 11.238 million tonnes of soybeans in February, compared to 1.104 million tonnes in January and 9.608 million tonnes in February 2024, according to Anec. Corn exports are expected to reach 1.026 million tonnes, down from 3.146 million tonnes in January but up from 794,000 tonnes in February last year. Soybean meal exports are forecasted at 1.519 million tonnes, slightly below January’s 1.639 million tonnes but higher than last February’s 1.455 million tonnes. Wheat exports are estimated at 478,200 tonnes, down from January’s 657,961 tonnes and slightly below February 2024’s 538,406 tonnes. Between January 26 and February 1, Brazil exported 499,584 tonnes of corn, 230,752 tonnes of soybeans, 728,102 tonnes of soybean meal, and 234,020 tonnes of wheat.
Source: Compre Rural/Datamar News
