Soybean and corn exports reached the second highest volume ever shipped for August. The data were released on Tuesday (1) by the Foreign Trade Secretariat of the Ministry of Economy. Soy exports remained at 6.2 million tons in August, an increase of 24.5% over the same month last year, when the volume shipped was 5 million tons. With the result, exports reached the second largest volume of soybeans shipped abroad in August, behind only 2018, the year in which the country sent more than 8 million tons of the grain abroad. In relation to corn, 6.485 million tons were exported in August this year, compared to seven million three hundred and twenty-one thousand tons in the same period of 2019. This represents a decrease of 11.4%. Despite the drop, corn shipments also reached the second-best result for August, behind only last year.
Source: Canal Rural