According to data from the National Association of Cereal Exporters (Anec), Brazil’s wheat exports are expected to reach 2.7 million tons at the end of 2024, an increase of 200 thousand tons over 2023. Estimated shipments for December were 436 thousand tons, a decrease of 24,000 tons over the same month the previous year. Having climbed more than 60% from January to November, to more than 6 million tons, Brazilian wheat imports are on course to soar in 2024, while exports are likely to rise for the year. Government figures.
Sources: Forbes Agro/Reuters (*Translated by Ia Niani)