Export association lower corn, soybeans, meal June projection

On Tuesday, June 28, the National Association of Cereal Exporters (Anec) reduced, compared to last week’s estimate, its projections for shipments of soybeans, corn, and soybean meal from Brazil in June.

Brazil’s soybean exports were estimated at 10.154 million tonnes vis-a-vis 10.795 million in the previous week. If true, the volume shipped in May 2022 will show almost no variation from last year.

See below how soybean shipments behaved in the first four months of the years 2019 to 2022. These data are from Datamar’s DataLiner platform.

Soybean Exports from Brazil | Jan – Apr | 2019 – 2022 | WTMT

 Source: DataLiner (click here to request a demo)

In the case of soybean meal exports, the projection was revised to 2.2 million tonnes, compared to 2.27 million in the previous week. Even so, if the forecast is confirmed, the volume shipped will grow by 370 thousand tonnes compared to June 2021.

Anec sees corn exports reaching 1.683 million tonnes in June, up from 1.758 million a week ago. Brazil practically did not export corn in the same month last year, with shipments totaling around 90 thousand tonnes, according to Anec.

See below the comparison of corn shipments from Brazil in the first four months of the year in 2021 and 2022. The data below is from DataLiner.

Brazilian corn exports | January – April | 2021 – 2022 | WTMT

Source: DataLiner (click here to request a demo)

Source: Isto É

To read the full original article, please go to: https://istoe.com.br/anec-reduz-projecoes-de/

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