Commodity News
SunSirs: The Export Volume of Brazil's Soybean Meal in 2024 is Expected to Exceed Earlier Expectations
August 09 2024 15:53:10 SunSirs (Selena)
The Brazilian Association of Vegetable Oil Industries (ABIOVE) stated that in 2024, Brazil's soybean meal exports and domestic soybean oil consumption will both exceed earlier expectations.
ABIOVE expects Brazil's soybean meal exports to reach 21.8 million tons in 2024, an increase of 100,000 tons from the previous month, but still lower than the historical record of 22.47 million tons set in 2023, when Brazil's soybean production reached a record high.
ABIOVE stated that the reason for the increase in soybean meal exports is due to strong demand in overseas markets, especially in Asia.
If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.
Related Information
- 2025-09-15 SunSirs: EU Soybean Meal Imports Increased by 2% so Far in the 2025/26 Marketing Year
- 2025-09-12 SunSirs: Agricultural and Sideline Products Industries Bulk Commodity Intelligence (September 12, 2025)
- 2025-09-12 SunSirs: The Net Sales of Soybean Meal in the United States for the Week of September 4 Was 33,400 Tons
- 2025-09-11 SunSirs: China Domestic Soybean Meal Prices Remain Volatile This Week
- 2025-09-11 SunSirs: Negative Pressure, China Soybean Meal Market Is Weak and Falling
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