The National Association of Cereal Exporters (Anec) has revised its export estimates for December’s Brazilian soybeans, corn, and soybean meal. The forecast for soybeans has been adjusted to 1.62 million tons, an increase of 330,000 tons compared to the previous projection of 1.29 million tons. Corn exports were also revised upward, reaching 4.09 million tons, an increase of 130,000 tons over last week’s estimate of 3.96 million tons. For soybean meal, the projection was adjusted to 2.17 million tons, representing an increase of 270,000 tons from the earlier estimate of 1.90 million tons.
Source: CompreRural/Datamar News