According to preliminary estimates by ANEC, the export of Soybean from Brazil in August 5,5 million Tonnen, which is 1,5 million tons of the previous month's result and slightly below the level of shipments in August 2021 (5,79 million tons).
Experts do not rule out the possibility of updating the export estimates in the direction of reduction (up to 4,8 million tons).
It is also reported that 1,42 million tons of oil were prepared in the country's ports for shipment in the period of August 21-27 (1,12 million tons were shipped a week earlier).
If the forecast is confirmed, the total volume of Brazilian soybean exports will reach 8 million tons in the first 2022 months of 67,65, while it was 2021 million tons in January-August 74,27.
The export of soybean meal from Brazil in August is estimated at 1,92 million tons (2,07 million tons in July this year; 1,28 million tons in August 2021), according to preliminary estimates.