ANEC expects Brazil's soybean exports in September 2024 to be estimated at 5.514 million tons, lower than the estimated 5.63 million tons a week ago.

The export volume in August was 7.99 million tons, higher than the export volume of 5.55 million tons in September.

The soybean export volume from September 1st to 7th was 1,678,628 tons; The estimated export volume from September 8th to 14th is 1,561,911 tons.

The estimated soybean exports for the first nine months of this year are 89.48 million tons, higher than the 86.97 million tons for the same period last year.

ANEC stated that China continues to be the main destination for Brazilian soybeans. In the first eight months of this year, Brazil exported 63.9 million tons of soybeans to China, accounting for 76% of Brazil's total soybean exports during the same period. ANEC estimates that Brazil exported 83.97 million tons of soybeans in the first eight months of this year, higher than 81.4 million tons in the same period last year.

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