Brazil shipped 4 MMT soybeans in 8-day week. USDA raised export projection 1.55 MMT to record 86.65 MMT vs last year’s 81.62 MMT.

Summary:   Brazil shipped 4.05 MMT of soybeans this past week. Argentine soybean exports were 48,000 MT. US export inspections are estimated to be 105,000 MT. Ship lineup indicates a total of 17.15 MMT will be shipped for the month of April. We estimate that 1-1.5 MMT of that will be rolled over for shipment at a later…