Brazilian exports of the soyabean complex totaled 6.185 million tons in November, generating revenue of US $ 2.477 billion. In comparison with the same period of 2017, revenue practically doubled, increasing by 98.7%, and volume grew by 88%. In relation to October of this year, there was a reduction of 5.9% in volume and 5.1% in sales The fall in the soyabean crop in Argentina and the trade war between the United States and China have been stimulating demand for the Brazilian grain. The deceleration of shipments between October and November is natural, due to the advanced stage of commercialization of the oilseed crop 2017/2018 and, consequently, the low availability of product for sale. Exports of soyabeans totaled 5.072 million metric tons in November, 136.7% higher than in the same period of 2017, when 2.142 million metric tons were shipped. Revenue reached US $ 2.004 billion last month, growth of 145.8% compared to November 2017 (US $ 815.4 million). In comparison with October, when 5,353 million tons were shipped, foreign sales of the grain fell 5.3% in volume. In revenue, the drop was 5% against the total of US $ 2,108 billion in October. The average price of the exported product was US $ 395.10 / t, compared to US $ 393.80 / t in October and US $ 380.50 / t in November last year. Soyabean meal, exported volume totaled 1.090 million tons, an increase of 1.8% compared to November 2017, when Brazil sent abroad 1,071 million tons. Before October, the fall was 4.5% – that month, the country exported 1.142 million tons. Revenue from exports in November, US $ 457.8 million, grew more than the volume, 22.2% compared to US $ 374.6 million in the same period of 2017, and 2.3% in relation to US $ 447.6 million obtained in October. Among the derivatives, shipments of soyabean oil totaled 22.7K tons last month, down 69% from November 2017, when exports reached 73.5K tons. In relation to October (79.2K tons), there was a fall of 71.3%. Revenue from soyabean oil shipments totaled US $ 15 million in November, a decrease of 73.3% compared to the same period last year of US $ 56.2 million. In comparison with October (US $ 53.1 million), the value was 71.5% lower.
Src.: Revista Globo Rural