Brazil’s total soy exports is expected to reach 11.5 million tons, according to a weekly survey by the National Association of Cereal Exporters (ANEC). In June last year, exports reachedd 11.92 million tons. In May, Brazil shipped 14.22 million tons. From June 6 to June 12, Brazil shipped 2.22 million tons. For the period between June 13 and 19, ANEC points out the volume of 2.63 million tons. Year-to-date, Anec projects shipments of 61.88 million tons by the end of June. The estimated forecast for soybean meal was raised to 2.13 million tons from 1.96 million last week, with a strong increase over June last year (1.39 million tons). In May, volume was 1.7 million tons. In the year, the first half, 8.56 million tons are expected to be shipped. ANEC does not forecast corn shipments in June.
Source: Agência SAFRAS (*Translated by Ia Niani)