Brazil is expected to export 2.341 million tons of soybeans and 5.327 million tons of corn in October, says the National Association of Cereal Exporters (Anec). Both forecasts rose this week in relation to the previous one, when shipments were expected to reach 1.911 million tons of soybeans and 4.568 million tons of corn. Anec’s projection of bran exports has also increased from 1.425 million to 1.490 million tons. Shipments of 1.632 million tons of corn, 474.734 tons of soybeans and 422,236 tons of bran are expected for the week of 11th to 17th October. If the predictions are confirmed, the country’s foreign sales, from January to October, will total 81.594 million tons of soybeans (+ 23.89% compared to the same period in 2019), 25.409 million tons of corn (-24.70% ) and 14.546 million tons of bran (+ 9.37%).
Source: Revista Dinheiro Rural