Brazilian exports of the soya complex amounted to 10.674 million tons in March, with revenues of US $ 3.928 billion. In relation to the same period of 2018, shipments increased by 4.2% in volume, but fell by 2.3% in revenue. Already before February, there was an increase of 50.3% in volume and 52.7% in revenue. The data were released on Monday, April 1, by the Secretariat of Foreign Trade (Secex) of the Ministry of Economy. With the early harvest of 2018/2019 soyabeans and Chinese demand still firm because of the trade war, shipments from the country are more accelerated than a year ago. However, the price per ton of soyabeans, grain and oil is less than a year ago. In the accumulated period of 2019, Brazil has already exported 21.233 million tons of soyabeans, bran and oil, 22.7% above the same period of the previous year. Revenue from foreign sales of the complex in the first three months of 2019 totaled US $ 7.822 billion, 16.4% above the first quarter of 2018.
Source: Canal Rural