Anec Maintains Forecast for Increase in Brazil’s Soybean Exports in September

Brazil’s soybean exports for September were estimated at 5.8 million tons on Tuesday, unchanged from the previous week’s forecast. This represents an increase of nearly 300,000 tons compared to the same month last year, according to data from the National Association of Grain Exporters (Anec).

The export volumes for corn and soybean meal also remained almost unchanged compared to the previous week.

Soybean meal shipments this month are estimated at 1.97 million tons, showing a slight annual increase.

Corn exports, however, are expected to drop by 2.7 million tons compared to September last year, reaching 6.68 million tons.