Brazil’s soybean and corn exports revealed contrasting performances in November, according to the latest Logistics Bulletin from the National Supply Company (Conab). Soybean exports faced a decline, while corn exports surged, bolstered by robust global demand. From January to November, soybean exports totaled 96.8 MMT, a drop from 101.8 MMT in the same period of 2023. This marked a shift in Brazil’s export revenue leadership, as soybeans lost ground to oil. The last time soybeans were not Brazil’s top export earner was in 2021, when iron ore took the lead. Corn exports, on the other hand, displayed significant growth, as movement through the Northern Arc of ports jumped. Conab forecasts continued growth in Brazil’s agricultural exports, driven by production recovery and improved logistics.
Brazil’s Soybean, Corn Exports Show Divergent Trends
Brazil’s soybean and corn exports revealed contrasting performances in November, according to the latest Logistics Bulletin from the National Supply Company (Conab).
(Farm Journal)
Related Stories
After years of dry falls, a historic El Niño could cut U.S. farmers’ fall field-workable days by 20%, Nutrien’s Eric Snodgrass warns, while drying delays and flat acreage threaten Brazil and Argentina’s 2026-2027 crop.
Boots-on-the-ground reports from Iowa to Ohio reveal mounting disease pressure, flood-driven replanting in Indiana and a growing need for rain.
Analysis of 2023–2025 prices found U.S. growers paid more for nearly every seed and crop protection category examined.
Read Next
Pro Farmer National Forecast: Corn Falls Short of Last Year’s Record, But Soybeans Eye New Milestone
Scouts say early-season weather stress reduced corn ear counts and grain length and cut stands across the Corn Belt, but above-average soybean pod numbers mean farmers could harvest a record bean crop this fall.
Commodity Market Futures
Futures prices on grains, livestock, oil and more
Farm Journal TV
Trusted ag insights and real stories from rural America. Start your free trial today.
Pro Farmer
Join Pro Farmer today to access trusted market intelligence and expert analysis that help you make more confident decisions.
