The National Association of Cereal Exporters (Anec) estimates soybeans shipments in February to be between 6 and 7.6 million tons, that is a decline when compared to the 8.5 million tons that had been forecasted before. In February 2021, the volume shipped was 6.6 million tons. Anec says that new estimates are due to the delay in the harvest and to the cargo that might be impacted by the rain. Soybean meal exports are expected to reach 1.2 million tons in February, over one million in the same period in 2020. In addition, corn shipments are expected to reach 534.8 thousand tons in February, which is an increase when compared to the 426,9 thousand tons estimated last week. In the same month last year, grain exports totaled 415.2 thousand tons.
Sources: Universo Agro / DATAGRO
*Translated by Ia Niani