Datagro estimated on Thursday (24) that Brazilian soybean exports can reach 82 million tons in 2021, an increase of 1.2% when compared to that expected for this year. Revenue is expected to rise 13%, up US$31.57 billion. This preliminary forecast expects Brazil’s harvest of oilseed is poised to set a record, reaching 131.69 million tons, considering the expansion of global oilseed consumption and the partial losses in the American harvest, as well as the African swine fever (PSA), climate changes, and the tensions between the United States and China. Soybeans bran is expected to increase 4.7% in the annual comparison, up 17.80 million tons, and grain shipments should increase by 82 million tons, close to the 2018 record of 83.26 million tons. Soy oil exports, on the other hand, may drop 22.7%, which represents about 850 thousand tons.
Source: Revista Globo Rural
*Translated by Ia Niani