SOYBEAN: NEW EXPORT FIGURES FOR APRIL AFTER HITTING RECORD IN MARCH

With the beginning of the harvest of the largest soybean crop in the entire history of Brazil, grain exports hit a record in March and may surpass the historical mark also in April, data from the National Association of Cereal Exporters (Anec) showed last week. Brazil’s soybean exports totaled 14.9 million tons in March, against 13.3 million in the same period last year. In fact, exports in March were higher than all number recorded in 2020. For Anec, Brazil is expected to ship a total of 16.3 million tons, easily surpassing the 14.2 million sold in the same month last year. From January to March, Brazil shipped a total of 20.4 million tons of soybeans abroad. The first four months of this year could reach 36.8 million tons, against 35.8 million tons from January to April 2020.

Source: Canal Rural (*Translated by Ia Niani)