Soy exports from Brazil projected to reach 78 million tons

According to the National Association of Cereal Exporters (Anec) soy exports from Brazil in 2020 could reach 78 million tons, which could represent a growth of 7.6% compared to 2019, in a strong demand from China and a record of Brazilian crop. The association also reported shipments of 11.9 million tons in June, which would be an increase of 36.8% compared to June 2019.

Source: Reuters