The Brazilian Association of Cereal Exporters (Anec) raised its July soybean export projection to 10.453 million tons from 9.439 million tons last week. The entity also predicts corn shipments of 6.914 million tons this month, up from 6.344 million tons previously expected. Anec forecasts 2.502 million tons of bran exports, up from the prior prediction of 2.245 million tons. Wheat shipments are expected to climb by 68,500 tons this week, up from 38,500 tons the previous week. From July 2 to 8, 2.372 million tons of soybeans, 1.005 million tons of corn, 510,054 tons of bran, and 28,000 tons of wheat were shipped.
Source: Revista Dinheiro Rural (*Translated by Ia Niani)