Soy exports from Brazil to exceed expectationsStaff Writer |
Food trade Oil output is expected to reach 8.20 million tons
Soy exports should reach 64 million tons this year, according to the Brazilian Vegetable Oil Industries Association (ABIOVE).
For soy bran, ABIOVE expects an output of 31.5 million tons, against 31.1 million tons from June’s forecast.
Exports should also increase slighty against the previous forecast: from 15.50 million tons to 15.70 million tons.
Oil output is expected to reach 8.20 million tons, above the 8.10 million tons from June’s forecast.
The estimate for foreign sales of oil was kept at 1.3 million tons. ■
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