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Brazilian soybean and corn exports showed different results in November 2024, according to the December Logistics Bulletin, released by the National Supply Company - Conab.
Soybeans, with a lower performance than expected, registered 2.55 million tons shipped, which represented a drop of 45.8% compared to the previous month. From January to November, the country exported 96.8 million tons of soybeans, compared to 101.8 million tons in the same period last year, due to poor harvests and the fall in international prices, but the expectation for the next season (2024/2025), with the recovery of production, is that exports will reach around 105.48 million tons, exceeding the sales of the current season.
As for the ports, those of Arco Norte, which continue to be the main shipping points, accounted for 35% of soybean exports in November 2024, compared to 33.8% in the same period of 2023. The Port of Santos had 28.9% of the movement compared to 30% in the previous year. The Port of Paranaguá, on the other hand, registered a slight drop, with 13.9% of exports, compared to 14.1% in the same month of 2023.
In the corn sector, exports also decreased in the different ports of the country. 47.2% of the accumulated movement from January to November 2024 was transported through the Arco Norte ports, compared to 41.6% in the same period last year. The Port of Santos was responsible for 41.6%, followed by Paranaguá (3.3%) and São Francisco do Sul (5.4%). The main corn exporting states are Mato Grosso, Goiás, Paraná and Maranhão.
December 26, 2024/ CONAB/ Brazil.
https://www.conab.gov.br
