Brazilian crop exports are seeing both increases and decreases.
Soybean shipments were up to 6.5 million metric tons last week, with the average daily pace doubling from a year ago.
Pace slowed down for soy byproduct exports. Soy meal exports reached over a million metric tons, just half of the year-ago levels.
Corn shipments were up at 76,000 metric tons, but down drastically from last year’s number. U.S. producers have had a close eye on Brazilian corn as China continues to cancel corn purchases. Today the nation canceled 272,000 tons.
