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Brazil's wheat exports hit record levels

 Last Update: 2022-04-16
 Source: Internet
 Author: User

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Brazil's "Economic Value" reported on March 8, according to a survey by Brazil's National Grains Association (Anec) , Brazil exported 1.
62 million tons of wheat in the first two months of this year, more than three times the same period in 2021 .
Exports in the first two months of this year were 46.
3% higher than the whole of last year .
The survey shows that since December last year, wheat exports have been on an upward trend, with exports of 538,600 tons, 695,900 tons and 925,300 tons respectively .
Overseas sales should remain strong this month, according to Anec .
Brazil's March wheat exports are expected to reach 502,600 tonnes, compared with no March 2021 exports .

The above-mentioned changes are of particular concern
.
Brazil is traditionally a wheat importer and needs to import from foreign markets (especially Argentina) to meet its needs
.
Wheat prices have surged in recent weeks, hitting record levels on the Chicago Stock Exchange yesterday
.
Brazil's wheat exports in 2022 have already exceeded the forecast of the National Supply Corporation (Conab) by 1 million tons
.
Brazil's wheat production is about 7.
5 million tons, domestic demand is 12.
7 million tons, and at least 6.
5 million tons need to be imported
.

Cereals Survey Wheat Exports

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