Brazil is poised to export a record 18.3 MMT of soybeans, soymeal, corn and wheat in July, even as soybean shipment projections fell last week, according to revised data from exporters association, Anec. The previous record for July was set in 2020 for the four commodities when 14.8 MMT were exported. The estimate puts Brazil on track to ship 106.1 MMT of grain and soy during the first seven months of the year, which is also unprecedented. That is in spite of Anec lowering its estimated July export volume for soybeans to 8.8 MMT form 10.4 MMT last week.
Brazil Grain Exports at Record Levels, Yet July Shipments to Drop
Brazil is poised to export a record 18.3 MMT of soybeans, soymeal, corn and wheat in July. . .
(Farm Journal)
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