April 2, 2004

Brazil March Soybean Exports Up 21%
 
Brazil's March soybean exports totaled 1.58 million metric tons, up 21% from 1.308 tons in the same month last year, according to preliminary figures issued by the government's Foreign Trade Secretariat, or Secex, on Thursday.
 
March shipments were over three times higher than February's exports of 453,500 tons as the new soybean crop arrives at port.
 
March soymeal exports totaled 1.09 million tons, up 59.7% on the 682,7000 tons sent abroad in March last year and 37.9% higher than the 790,700 tons sent in February.
 
In March, Brazil shipped 146,400 tons of soyoil, up 50% from the 97,600 tons exported in the same month last year but down from 155,000 tons exported in February.
 
Brazil is set to become the world's leading soybean exporter this year.