Agriculture – Soybean Exports Drop 96% in January

Written by Roberta Souza

Published on 02/02/2021 at 17:54

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The Main Product Exported by the Brazilian Agriculture Sector, Soybean Had a 95% Decline in Value and 96% in Quantity in January

Soybean exports, one of the largest movements in the country’s economy, fell by a total of 2.6% compared to January 2020. During this period, the value of external sales of oilseeds decreased by 95%, and the quantity dropped by 96%. Due to delays in planting and harvesting, the total volume exported in January was only 49.5 thousand tons, the lowest level for the agriculture sector since January 2014.

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Yesterday, AgRural reported that the delay in harvest and ongoing rains in some areas resulted in only 2.5 million tons of oilseeds being harvested this year. In the same period of 2020, there were 12 million.

Production and Exports of Sugar and Corn:

In the last 12 months, the value of oilseeds increased by 95%, and the decline in soybean exports was partially offset by corn and sugar. External sales of corn reached 2.5 million tons, a 33% increase compared to January 2020. Sugar rose to 2.1 million tons, an increase of 44%.

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Agriculture – Soybean Exports Drop 96% in January

The Main Product Exported by the Brazilian Agriculture Sector, Soybean Had a 95% Decline in Value and 96% in Quantity in January

Check Out Other News of the Day:

Production and Exports of Sugar and Corn:

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Agriculture – Soybean Exports Drop 96% in January

The Main Product Exported by the Brazilian Agriculture Sector, Soybean Had a 95% Decline in Value and 96% in Quantity in January

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