Soybean exports from Brazil should reach 2.802 million tons in December, according to an estimate on December 13 by ANEC (the national association of cereal exporters), which raised the projection by just over 200,000 tons compared to the previous week. If the forecast is confirmed, ANEC data shows that shipments in 2021 would add up to a record 86.9 million tons, compared to 82.3 million in 2020. Corn exports for December are estimated at 3.92 million tons, versus 3.47 million in the previous forecast, making it the second-highest monthly volume of the year, behind August (4.2 million), after 2021 was marked by a crop failure due to drought and frosts. From January to December, the estimate is for 21.14 million tons of corn exports compared to 33.4 million tons in 2020.
Sources: Money Times/Datamar News