Anec adjusted its May soybean export projection to 10.7M tonnes

The National Association of Cereal Exporters (Anec) adjusted its soybean export projection for May. The estimate now forecasts shipments of 10.731 million tonnes, up 10.2 million to 11.278 million tonnes predicted last week.

See below the track record of Brazilian soybean exports from January 2019 to April 2022. The data below was provided by Datamar’s DataLiner.

Brazilian soybean exports | Jan 2019 – Apr 2022 | WTMT

Source: DataLiner (click here to request a demo)

As for the soybean bran export projection, Anec now expects 1.854 million tonnes compared to the 1.903 million tonnes previously projected.

In terms of corn, Anec expects 1.090 million tonnes in exports this May, compared to the 1.243 million tonnes forecasted earlier. Anec kept the forecast for wheat at 109.10 thousand tonnes.

Source: Money Times

To read the full original article, please go to: https://www.moneytimes.com.br/graos-anec-ajusta-previsao-de-exportacao-de-soja-em-maio-para-107-milhoes-de-t/

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