Brazilian soybean exports hit record 13.8m tonnes in June

According to the country's grains exporters association (Anec), all agricultural products have seen an increase in shipments

Brazilian soybean exports totaled a record 13.8 million tonnes in June, as volumes increased for most products in the last week of the month, customs data showed late Monday.

The figure is 38.8% higher than in June 2022´s 9.9 million tonnes and the highest volume sent abroad during the month in data going back to 2012, beating the prior record of 12.7 million tonnes reached in 2021.

The average pace of soybean shipments was 660,522 tonnes per working day last week, lower than the previous week’s pace of 717,068 tonnes but 38.9% higher than the 475,705 tonnes average in June 2022.

The country’s grains exporters association (Anec) projects Brazilian soybean exports to reach 14.2 million tonnes in June.

Corn exports

Brazilian corn exports totaled 1 million tonnes last month, 4.5% higher than June 2022´s 989,299 tonnes.

The average pace of corn shipments per day was reported at 49,251 tonnes, higher than the previous week’s average pace of 39,500 tonnes and 4.5% higher than June 2022’s 47,109 tonnes.

Anec expects Brazil´s June corn exports to reach 1.1 million tonnes.

Soy meal & oil exports

Brazil’s soy meal exports reached 2.1 million tonnes in June close to the 2.2 million tonnes shipments from the same month last year.

Average exports per working day totaled 101,139 tonnes, below last week’s average pace of 103,233 and down 5.3% from June 2022’s 106,767 tonnes average.

Anec projects Brazil’s June soy meal exports will reach 2.3 million tonnes.

The country’s vegetable oils and fats exports, composed mostly of soy oil, totaled 297,839 mt in June, down 12.6% from June 2022´s 341,049 mt.

The average export pace per working day reached 14,182 tonnes, higher than the prior week’s 13,313 tonnes but 12.7% below the 16,240 tonnes from June 2022.

Wheat exports

Brazilian wheat shipments totaled a mere 4,2 tonnes this month, while 36,312 mt were exported in June 2022.

The figure is way below Anec´s 58,000 tonnes June estimates.

What to read next
Fastmarkets has corrected its November-loading (M7) price assessments for AG-SYB-0013 Soybean FOB Brazil Paranagua Paper Premium c$/bu and AG-SYB-0012 Soybean FOB Brazil Paranagua Paper $/mt, which were published incorrectly on April 3.
Most Ukraine-based trade sources estimate the country’s crop output for the 2025/26 marketing year to be up from the previous year, with a significant increase expected for corn, while barley and wheat crops are forecast to be largely unchanged from 2024/25, Fastmarkets heard.
Ukraine's grain export volumes rose to 669,000 tonnes during the week to Sunday April 13, a 60% increase compared with the previous week, according to data released by the State Customs Service on Monday
This consultation, which is open until May 10, 2025, seeks to ensure that our methodologies continue to reflect the physical market under indexation, in compliance with the International Organization of Securities Commissions (IOSCO) principles for Price Reporting Agencies (PRAs). This includes all elements of our pricing process, our price specifications and publication frequency. You can find […]
On Tuesday, April 8, the USDA confirmed a sale of 240,000 tonnes of US corn into Spain for delivery in the 2024-25 marketing year. This left market participants puzzled as they did not expect this sort of trade, given the looming tariff on US corn exported into the EU that will be implemented from next […]
French milling wheat exports from the port of Rouen reached their greatest volume in the past 16 weeks, with 87,000 tonnes of milling wheat exported in the week to March 26, according to data released by French port operator Haropa on Thursday, March 27. While the 87,000 tonnes is a relatively large volume of weekly […]