ANEC reduces forecasts for Brazilian soybean and corn exports in July

An estimate by ANEC (the national association of cereal growers) forecasts Brazilian soybean exports should reach 8.45 million tons in July. ANEC reduced the projection of shipments by about 1 million tons, compared to the forecast published last week.

Even so, exports this month should surpass those registered in the same month of 2020 by around 400,000 tons, according to figures supplied by ANEC.

Corn exports were projected at 3.16 million tons in July, slightly below the 3.195 million tons forecast last week.

But amidst the breakdown of the second corn crop, cereal exports should drop by 1.9 million tons compared to the same month last year.

Source: Money Times

To read the full original article, visit the link: https://www.moneytimes.com.br/anec-reduz-previsoes-de-exportacoes-de-soja-e-milho-do-brasil-em-julho/

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