Mar
11
Record soybean harvest predicted despite Brazilian export decline of 31%
Brazil’s soybean harvest is behind schedule due to heavy rain with exports down 31% y/y in the first two months of 2023. But despite the slow start, Brazil has headed for a record harvest and a sharp increase in exports during the coming months,” says Filipe Gouveia, Shipping Analyst at BIMCO.This year’s soybean harvest is expected to reach 152.9 million tonnes, 21.8% higher than in 2022, according to the National Supply Company (CONAB). As of 6 March, 44% of the Read Full Details…