Commodity News
SunSirs: Brazil's Soybean Sales Progress for the Fiscal Year 2023/2024 is 77.5% s as of August 9
August 13 2024 10:51:09 SunSirs (Selena)
As of August 9th, Brazil's soybean sales volume for 2023/2024 has reached 77.5% of the expected total production, compared to 71.8% sales progress as of July 5th, 75.6% in the same period last year, and a five-year average of 82.2%. Based on the expected soybean production of 15155 tons (estimated at 149.7 million tons last month), this means that the total amount of traded soybeans is 117.07 million tons, an increase of 9.61 million tons from a month ago.
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