Brazil Could Export 3.44 MMT of Soybeans in September
Bottom Line: Last week, Brazil shipped 688,000 MT of soybeans. That’s well below the previous week’s 1.5 MMT but nearly twice as much as a year ago. Brazil’s export “commitments” are a record 60.425 MMT, up 20% from last year. USDA is projecting annual exports to rise 21%. Export commitments are now almost at the…