Anec lowers forecast for soybean, corn and meal exports in June

Soybean exports from Brazil were estimated this Tuesday at up to 14.3 million tonnes in June, according to a report by the National Association of Cereal Exporters (Anec), with a reduction from the 14.76 million forecasted a week ago.

The association also reduced its projection of soybean meal shipments to 2.37 million tons this month versus 2.45 million tons estimated last week.

See below the soy volume exported by Brazil every month from January 2019 to April 2023. The data is from the market intelligence service DataLiner.

Soy exports from Brazil | Jan 2019 – Apr 2023 | WTMT

Source: DataLiner (click here to request a demo)

As for corn exports, Anec expects a total of 1.46 million tonnes in June, against 1.59 million last week.

Source: Investing.com

To read the original news report, see: https://br.investing.com/news/commodities-news/anec-reduz-previsao-para-exportacao-de-soja-milho-e-farelo-em-junho-1124000

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