Soybean exports from Brazil in July reached 10.37 million tons, according to the Foreign Trade Secretariat (Secex), of the Ministry of Economy. A drop of 24.58% over the previous month (13.75 million t), but well above the 7.44 million t in July 2019. Revenue exceeded $ 3.61 billion. In the accumulated result for the year, from January to July, shipments totaled 70.72 million tons, according to Secex, surpassing the same period of the previous year (51.17 million tons) due to the Chinese demand heated by the Brazilian oilseed in this year of 2020. Taking into account the 2020/21 season, 69.32 million tons have been exported so far. Maize exports to Brazil in July totaled 4.15 million tons, the highest volume this year, according to Secex, compared to 348 thousand tons in the previous month and 5.93 million tons in July 2019. Revenue totaled US $ 666.09 million. In the year, there are 7.48 million tons.
Source: DATAGRO