BRAZIL EXPECTED TO SHIP 2.768 MILLION TONS OF SOYBEAN IN DECEMBER 2021

Brazil’s soybean exports can reach 2.768 million tons in December 2021, according to a weekly survey by the National Association of Cereal Exporters (Anec). Soybean exports reached 161.024 thousand tons in December 2020. The country shipped 2.149 million tons of the oilseed in November this year. In the third week of December 2021, Brazil shipped 497.106 thousand tons of the product. According to Anec, exports totaled 727.158 thousand tons between December 19 to December 25 this year. For the year-to-date, the entity forecasts shipments of up to 86.872 million by the end of December. In addition, soybean meal exports are expected to reach 1.604 million tons in December. In the same month last year, the total volume exported was 1.111 million tons. In November 2021, the volume was 1.242 million tons. Last week, soybean meal exports totaled 434.002 million tons. About 437.351 thousand tons of the product are expected to be exported next week. For the year-to-date, soybean meal exports can reach 16.939 million tons.

Sources: Agencia Safras/Canal Rural (*Translated by Ia Niani)