ANEC expects Brazil to export up to 3.77 million tons of soybeans in October

Foreign media, October 26 news: Brazil’s National Association of Grain Exporters (ANEC) said that according to the situation of freighter queues, Brazil’s soybean exports in October 2022 will reach a maximum of 3.768 million tons, which is in line with an estimate of 3.767 million tons a week ago.

ANEC estimates soybean exports in October range from 2.5 million tons to 3.768 million tons.

For comparison, soybean exports in September 2022 were 3.689 million tons, compared with 2.985 million tons in October last year.

According to ANEC estimates, soybean exports in the first 10 months of this year will reach between 73.38 and 74.65 million tons.

On October 5, ANEC forecast that Brazil’s soybean exports in 2022 will be 75.5 million tons, down from 86.634 million tons in 2021.