ANEC stated that the estimated soybean export volume from Brazil in January 2026 is 3.79 million tons, higher than the 3.73 million tons estimated a week ago. If the estimate becomes reality, it will increase by 238% compared to the same period last year's 1.12 million tons, setting a historical record for the same period.
ANEC estimates that Brazil's soybean exports in January 2026 will reach 3.79 million tons, a year-on-year increase of 238%, setting a record high for the same period in history. This indicates a significant increase in supply, which may lead to a decline in soybean spot prices. As a major exporter in the world, Brazil's surge in exports reflects sufficient production and inventory pressure, exacerbating the risk of global oversupply and having a generally significant negative impact on soybean prices.
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