Brazil: Export of Soybean and Sugar is Going to Hit its Lowest
In the current month, the unfavorable weather conditions in Brazil will cause export of sugar and soybean to hit its record lowest.
In the current month, the unfavorable weather conditions in Brazil will cause export of sugar and soybean to hit its record lowest.
On the top of constant loading interruptions of agricultural goods while in port, there will be another problem added- weather conditions.
Dry weather in March and April will have a negative impact on soybean and sugar export. During April of the current year Brazil has exported 7.15 mil. tons of soybean. This is almost twice as much as it was in March. However, in May the export situation will not be as optimistic.