Brazil’s Weekly Soybean Exports Were 543,000 MT. Final Annual Exports Could be 2+ MMT Above USDA’s Projection.
Summary: Brazil shipped 543,000 MMT of soybeans this past week (Nov 04). That was down 210,000 MT from the previous week. Argentine exports were 344,000 MT. US exports were 2.59 MMT. The lineup indicates that Brazil’s November shipments could be 2.39 MMT. Total Brazilian export commitments are 75.50 MMT, the 4th highest for this week. In the…