South America Calling
Alastair Stewart South America Correspondent

Wednesday 07/02/14

Brazilian Soybean Exports Slip in June

Brazil soybeans exports continued on their downward curve in June as the immediate post-harvest clamor subsides in the world's No. 2 producing country.

Shipments totaled 6.9 million metric tons (mmt) last month, down from 8.3 mmt in April and 7.6 mmt in May, but still higher than the 6.5 mmt sent in June 2013.

The numbers underline perceptions that Brazilian port logistics have improved this year, due principally to an improvement in logistics management, dry weather at the key ports and less corn bunging up grain export terminals.

In June, Brazil shipped just 87,600 metric tons of corn (mt), down from 369,000 mt in the same month one year before.

Shipments of all soy complex products remain strong, which has allowed first-half revenues to jump 17% to $20.1 billion, thus substantially outperforming the second item of the Brazilian export list, iron ore with $14 billion.


Posted at 11:17AM CDT 07/02/14 by Alastair Stewart
Post a Blog Comment:
Your Comment:
DTN reserves the right to delete comments posted to any of our blogs and forums, for reasons including profanity, libel, irrelevant personal attacks and advertisements.
Blog Home Pages
November  2015
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30               
Subscribe to South America Calling RSS
Recent Blog Posts
  • Argentine Wheat Output Set to Bounce
  • Argentina's Macri Wins; Farm Policy Changes Ahead
  • Brazil Soybean Planting Continues To Lag
  • Spotty Rainfall Worries Mato Grosso Soy Farms
  • Hot, Dry Weather Continues to Hamper Brazil Soy Planting
  • Argentine Soy Planting Accelerates In Last Week
  • Argentina's Election and Soy Exports
  • Brazil's Truck Strike Peters Out
  • Brazilian Truckers Continue Strike on Tuesday
  • Brazil's CONAB Raises 2015-16 Soy View
  • Brazil's CONAB Raises 2015-16 Soy View
  • Brazilian Truckers Block Highways Monday
  • Brazilian Soy Planting Accelerates With Rain in Mato Grosso
  • Brazil Sugarcane Harvest Seen Larger in 2016-17
  • Trucker Strike Threat a Worry For Brazil Corn Exporters
  • Brazilian Corn Exports Strong in October
  • Brazilian Soy Industry Pushes For Biodiesel Hike
  • Potential for Brazil Corn Yields to Grow 30% to 40% - McKinsey
  • Argentina's Stunning Election Result
  • Brazilian Soy Planting Falls Further Behind