Anec raises forecast for soybean exports from Brazil in July, reduces bran and corn

July soybean exports from Brazil were estimated on Tuesday at up to 9.11 million tons, compared with up to 8.8 million tons in the previous week’s forecast, according to a report by the National Association of Cereal Exporters (Anec).

The chart below shows Brazil’s soybean exports between Jan 2019 and May 2023, according to the DataLiner service.

Brazilian soy exports | Jan 2019 – May 2023 | WTMT

Source: DataLiner (click here to request a demo)

The entity estimated shipments of soybean meal at 2.53 million tons this month, below the 2.584 million tons forecast in the previous week.

For corn exports, Anec now foresees a total of 6.43 million tons in July, against up to 6.8 million tons previously estimated.

Source: MixVale

To read the original article, visit: https://www.mixvale.com.br/2023/07/25/anec-eleva-previsao-de-18/

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