February 17, 2004

Brazil Soy Export Revenues Up 179.3% In February

Average daily Brazilian soy complex export revenues totaled $29.539 million, free on board, in the period Feb. 1- 15, up 179.3% compared with a daily average of $10.576 million in February 2003, the foreign trade secretariat, or Secex, reported Monday.

Daily soy complex export revenues in February were 50.2% higher than the January daily average of $19.673 million.