In December 2022, just over 1,5 million tons Soybeans sold from Brazil to foreign markets. Compared to the previous month, shipments of South American oilseeds fell by 0,4 million tons and by 2021 million tons in December 1. Such data was released by analysts from the National Association of Grain Exporters Anec.
“Total exports of soybeans from Brazil are estimated at 2022 million tons, compared to 77,8 million tons in 86,6, according to the 2021 results. It is found that 70% of the declared volume is shipped to China,” Anec said.
As for soybean meal shipments, last month's figures were 1,37 million tons, compared to 1,35 million tons in November and 1,54 million tons in December 2021.
"Total product exports for the year have reached 20,42 million tons (+3,54 million tons by 2021)," the experts explained.
In addition, Anec is forecast that the export of Brazilian soybean in January this year will be 1,31 million tons, down 0,2 million tons from the previous month's result. Soybean meal sales are expected to total 1,34 million tons, almost the same as December's total.
"In the country's ports, 1,59 million tons of corn, 296,4 thousand tons of soybean, 275,3 thousand tons of soybean meal and 180,7 thousand tons of wheat were prepared for shipment on January 1-7," he said Association.
Source: oleoscope (Russian)