Brazilian soybean exports are expected to reach about 6.5 million tons in August, according to a weekly survey by the National Association of Cereal Exporters (ANEC). The volume exported in the same period last year was 5.57 million tons. Brazil shipped 7.97 million tons in July and about 1.26 million tons from August 8 to August 14. ANEC points to a volume of 1.4 million tons from August 15 to August 21. The entity projects cumulative exports of up to 74.97 million by the end of this month. Shipments of soybean meal are estimated at 1.6 million tons in August, the total volume exported in the same period last year was 1.61 million tons. In July, the volume was 1.75 million tons. Last week, exports totaled 317.1300 tons and the forecast for this week is 438.17 thousand tons. The first seven months will close with 11.62 million tons shipped.
Source: Canal Rural (*Translated by Ia Niani)