Anec raises its grain export forecast for May

Brazil should export 11.5 million tonnes of soybeans this month, according to the forecast published by the National Association of Cereal Exporters (Anec) on May 17. The organization weekly updates its projections based on the line-up at ports. The most recent forecast is 8% higher than last week. Still, if confirmed, the volume of shipments will be 20.7% lower than in May 2021.

See below the track record of Brazilian soybean exports from January 2021 to March 2022. These data are from DataLiner, Datamar’s foreign trade intelligence platform.

Exports of Soybeans (HS 1201) from Brazil | Jan 2020 – Mar 2022 | WTMT

Source: DataLiner (click here to request a demo)

According to the entity, soybean bran shipments will reach 2.01 million tonnes, a volume 4.7% higher than last week’s forecast and 18% higher than in May last year.

Anec projects that 1.26 million tonnes of corn will leave the country this month, 36% more than previously estimated.

See below the track record of Brazilian corn exports from January 2021 to February 2022. These data are also from DataLiner.

Brazilian Exports of Corn (HS 1005) | Jan 2021 – Feb 2022 | WTMT

Source: DataLiner (click here to request a demo)

The forecast for wheat shipments increased 1% week on week to 104,700 tonnes. In May 2021, Brazil did not export corn or wheat.

Source: Valor Econômico

To read the full original article, please go to:

https://valor.globo.com/agronegocios/noticia/2022/05/17/anec-aumenta-previsao-de-exportacoes-de-graos-em-maio.ghtml

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