Experts cut the forecast for soybean and corn exports from Brazil in August

The forecast for Brazilian soybean exports in August has been reduced by 1 million tons to 7.8 million tons (compared to 9.1 million tons in the previous July and 5.1 million tons in August 2022). There is also a slight reduction in soybean meal exports by 100,000 tons, to 2.1 million tons.

16 August 2023

ANEC experts reduced the forecast for Brazilian soybean exports in August by 1 million tons to 7.8 million tons (in the previous month - 9.1 million tons; in August 2022 - 5.1 million tons).

A slight downward adjustment was also made in relation to the forecast for the export of soybean meal - by 100 thousand tons, up to 2.1 million tons.

The forecast for exports of corn from Brazil in August was reduced by 800 thousand tons to 9 million tons (in July - 6.4 million tons; in August 2022 - 6.8 million tons).

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Experts cut the forecast for soybean and corn exports from Brazil in August

The forecast for Brazilian soybean exports in August has been reduced by 1 million tons to 7.8 million tons (compared to 9.1 million tons in the previous July and 5.1 million tons in August 2022). There is also a slight reduction in soybean meal exports by 100,000 tons, to 2.1 million tons.

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