January 20, 2004

Brazil Soy Export Revenues January 1-18 Up 29.6% On Year

Average daily Brazilian soy complex export revenues totaled $20.899 million, free on board, in the period Jan. 1- 18, up 29.6% compared with a daily average of $16.123 million in January of last year, the foreign trade secretariat, or Secex, reported Monday.

Daily soy complex export revenues in January were 8.6% lower than the December daily average of $22.862 million.