January 7, 2005

Brazilian December Soybean Export Up 19%

According to Brazilian Foreign Trade Committee, Brazil exported 400,200 tons of soybean in December 2004, up 19.3% from 335,500 tons in the same period last year.

November 2004 soybean export was 485,500 tons; The decline in December was due to sowing campaign's having reaching its peak.

Brasilia plans to export in total 19.2 million tons soybean within 04/05 MY (Feb-Jan), down against last MY similar season's 20 million tons.