Foreign media, May 18: Brazil’s national association of grain exporters (ANEC) said that Brazil’s soybean exports in May 2022 may reach 11.483 million tons, up from an estimate of 10.616 million tons a week ago, but still lower than last May. The export volume was 14.221 million tons.
ANCE data shows that Brazil exported 2.28 million tons of soybeans in January this year, compared with 54,000 tons in January last year. The export volume in February was 9.11 million tons, the highest level in history, 5.51 million tons in the same period last year; the export volume in March was 12.16 million tons, compared with 14.92 million tons in the same period last year; the export volume in April was 11.35 million tons, compared with 15.67 million tons in the same period last year .
If the latest May forecast comes true, Brazil will export 46.4 million tonnes of soybeans in the first five months of the year, down from 50.375 million tonnes in the same period last year.