SANTA CATARINA EXPORTS 49% MORE SOYABEANS IN THE FIRST QUARTER

The State of Santa Catarina exported 49% more soyabeans in the first quarter compared to the same period in 2018, according to the Agribusiness Bulletin of the Socioeconomics and Agricultural Planning Center of Epagri / SC. Revenue increased even more: 65% in the period. From January to March 2019, Santa Catarina sold abroad 396.3K tons, including soyabeans, bran and oil, with revenues of US $ 147.5 million. The main destinations were China (80.3%), Vietnam (14%) and Russia (5.2%). “It is important to remember that not all soyabeans exported by Santa Catarina are produced in the state,” the bulletin points out, adding: “part of this total originates in other regions and is shipped in the ports of Santa Catarina.” The analyst at Epagri / Cepa, Haroldo Tavares Elias, explains that, of the items that make up the soya complex, soyabeans make up more than 98% of the exported volume, with soyabean oil being the second item with 4.9K tons , and flour and soyabean pie with smaller volumes. In March alone, Santa Catarina shipments totaled 161.5K tons, up 69% from March 2018, with revenues of US $ 60.4 million.

Source: Globo Rural