Commodity News
SunSirs: The Production and Export Situation of Sugar and Soybean in Brazil
August 14 2024 14:32:49 SunSirs (Selena)
As of August 1st, the main production areas of Brazil (central and southern regions) have cumulatively harvested 332.88 million tons of sugarcane, a year-on-year increase of 6.65%, produced 20.753 million tons of sugar, a year-on-year increase of 7.98%, and produced 15.69 billion liters of ethanol, a year-on-year increase of 8.66%.
According to the Brazilian National Association of Grain Exporters (ANEC), Brazil's soybean exports are expected to reach 8.18 million tons in August; The export volume of soybean meal is expected to reach 2.24 million tons; The export volume of corn is expected to reach 6.68 million tons.
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