Over The Month Of March, Soybean Export From Key Exporters Grew By 1 Mln Tons

According to information from Oil World, over the month of March, soybean export kept growing despite the high demand worldwide.

Over the past month, export from the key exporters reached 13.11 mln tons versus 12.15 mln tons a year earlier.

9.0 mln tons of soybeans were exported from Brazil in March versus 8.37 mln tons a year earlier. Export from Argentina included 0.16 mln tons of soybeans (0.03), from Paraguay - 1.05 mln tons (0.95) and from Uruguay 0.03 mln tons (0.18).

Export from the USA has remained intensive – 2.9 mln tons (2.61), which is typical of this time of the season.

China was the top monthly soybean buyer with 8.48 mln tons (7.71).