Brazil soybean corn supply and demand forecast report in 2002-03

Introduction: -- Brazil's soybean exports will continue to increase, while corn exports will decrease Brasilia, February 26 news: according to the supply and demand forecast report released by conab under the Ministry of agriculture of Brazil on Tuesday, Brazil's soybean exports will significantly increase from February 2002 to January 2003, from 15.675 million tons last year to 18 million tons, an increase of 15% This forecast is 800000 tons higher than conab's forecast in the supply and demand report in December Kut is also higher than most local analysts predicted However, conab forecast Brazil's soybean production for the next year to be 41.5 million tons earlier on Tuesday, lower than most people had predicted Conab also slightly increased the expected value of soybean meal export in the current year to 11.27 million tons, 9.4% higher than the export volume of 10.3 million tons in 2001 / 02 Soybean oil exports will increase to 15.5 million tons, 14.8% higher than the 13.5 million tons in 2001 / 02 Meanwhile, corn exports between February 2002 and January 2003 are expected to be 2 million tons, down from the previous year's historical record of 5.629 million tons The decrease of corn export is out of proportion to the decrease of yield Conab expects corn production between September 2001 and August 2002 to decrease by 8.7% to 37.9 million tons from the previous year's production of 41.5 million tons In addition, conab expects to import 600000 tons of corn in the northeast of Brazil to meet local demand Kut (author:) to feed Weibo to: