logo_anba_en logo_camera_en
04/08/2017 - 15:43hs
Share:

Soy exports to exceed expectations

Foreign sales of soy beans should reach 64 million tons this year, according to the sector’s association. Forecast from June pointed to 63 million tons.



São Paulo – Soy exports should reach 64 million tons this year, according to data made public this Friday by the Brazilian Vegetable Oil Industries Association (ABIOVE). The forecast predicts one million tons more than the previous one made in June, which pointed to 63 million tons. The association also revised up its forecast for soy output in 0.5% to 113.8 million tons.

For soy bran, ABIOVE expects an output of 31.5 million tons, against 31.1 million tons from June’s forecast. Exports should also increase slighty against the previous forecast: from 15.50 million tons to 15.70 million tons. Oil output is expected to reach 8.20 million tons, above the 8.10 million tons from June’s forecast. The estimate for foreign sales of oil was kept at 1.3 million tons.

*Translated by Sérgio Kakitani

Send by Email





Comments

Your comment will be sent to a moderator before being published.





imagem_form