Anec updates the forecast of soybean exports to 3.39 million ton in January

Brazil’s soybean exports are expected to reach 3.39 million tons in January, according to the National Association of Cereal Exporters (Anec). The revisited figure is a decrease compared to the 4.32 million that had been projected last week.

In January 2021, soybean supply had been affected by limited carryover stocks and late harvests; thus, Brazil only shipped 53.6 thousand tons.

As for maize, Anec predicts the shipment of nearly 2.7 million tons in January, a slight increase compared to the 2.68 million that had been forecasted before.

In January 2021, corn shipments reached 2.16 million tons according to the data.

Source: Canal Rural

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https://www.canalrural.com.br/noticias/politica/deputada-quer-criar-imposto-de-exportacao-de-milho/

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