Brazil's soybean export registration grew rapidly in 2002 / 03
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Last Update: 2001-12-10
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Source: Internet
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Author: User
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Introduction: Sao Paulo news: in late November, Brazil's total registered soybean exports increased rapidly in 2002-03 (February to January of the next year) Brazil's oilseed Association on Friday released statistics from the foreign trade department, which showed that as of November 30, the registered export volume had reached 3.148 million tons Compared with 15 days ago, export registration increased by 410000 tons, almost three times the total amount in the same period last year The same period last year was 1.102 million tons After a brief adjustment in the first ten days of November, soybean exports returned to the pace of the beginning of the year An analyst told reporters that he was surprised by the large growth because the domestic market has been relatively calm in recent weeks Soybean meal registration also performed strongly in late November, reaching 1.674 million tons, an increase of 117000 tons compared with 15 days ago, and almost three times that of 611000 tons in the same period last year Meanwhile, registered soybean oil exports in the first two weeks increased by 48000 tons to 398000 tons, significantly higher than 135000 tons in the same period of the previous year The Brazilian oilseed Association recently adjusted its estimate of total soybean production for 2001-02 to 38.8 million tons, an increase of 13.7 percentage points over 2000-01.
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