November: Soy shipments grow 196% compared to the same month in 2020

Brazilian soybean exports are expected to reach 2,286 million tons in November according to a weekly survey by ANEC (the national association of cereal exporters). The number is 196% higher than that registered in the same period last year when shipments totaled 770,300 tons. In October this year, 2.985 million tons were shipped abroad.

Year-to-date, the association projects shipments of up to 84.241 million by the end of November.

See below a comparison of Brazilian soy exports in the last two years. Data are from DataLiner:

Brazilian Soy Exports (HS 1201) | Jan to Oct 2020-2021 | WTMT

Source: DataLiner (click here to request a demo)

For soybean meal, the forecast is for export of 1.246 million tons in November. In the same month last year, the total exported was 1,317 million tons. In October, the volume was 1,337 million tons.

See below a comparison of soybean meal exports in the last two years:

Brazilian Soybean Bran Exports (HS 2304) | Jan to Oct 2020-2021 | WTMT

Source: DataLiner (click here to request a demo)

YTD, 15.338 million tons have been shipped.

Source: Canal Rural

To read the complete original article, access the link: https://www.canalrural.com.br/projeto-soja-brasil/exportacoes-soja-novembro-2021-anec-farelo/

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