Brazil in June reduced rates of export of soybeans

According to SECEX data, in the first half of June Brazil reduced export of soybeans to 5,1 million tons in comparison with 6,3 million tons during the similar period of last year, reports Oil World. It is thus specified that this decrease meets expectations of experts which predicted reduction of export of the Brazilian soy in June because of decrease in demand from outside China. At the same time, export of soy meal from Brazil during June 1-14 increased to 0,84 million tons against 0,69 million tons during the similar period of 2020 whereas shipment of soy oil decreased – to 88 (160) thousands tons. Also...