{"id":63364,"date":"2024-06-18T11:03:17","date_gmt":"2024-06-18T14:03:17","guid":{"rendered":"https:\/\/safras.com.br\/?p=63364"},"modified":"2024-06-18T11:03:17","modified_gmt":"2024-06-18T14:03:17","slug":"losses-in-rs-lead-to-a-new-cut-in-brazilian-soybean-exports","status":"publish","type":"post","link":"https:\/\/dev.novo.safras.com.br\/eng\/losses-in-rs-lead-to-a-new-cut-in-brazilian-soybean-exports\/","title":{"rendered":"Losses in RS lead to a new cut in Brazilian soybean exports"},"content":{"rendered":"\n<p>Porto Alegre, June 18th, 2024 \u2013 Brazil\u2019s soybean exports are expected to total 94.8 mln tons in 2024, 7% below the 101.863 mln estimated for 2023. The forecast is part of the Brazilian supply and demand framework, released by Safras &amp; Mercado.<\/p>\n\n\n\n<p>In the previous survey, released in April, the numbers were 96 mln tons for 2024 and 101.863 mln for 2023.<\/p>\n\n\n\n<p>The production losses registered in Rio Grande do Sul due to the recent climate catastrophe were the main reason for the reduction in export expectations, as they also resulted in a cut in national production.<\/p>\n\n\n\n<p>SAFRAS indicates the crushing of 54.3 mln tons in 2024 and 54.165 mln tons in 2023, representing stability between one season and another.<\/p>\n\n\n\n<p>For the 2024 season, the total supply of soybeans is expected to decrease by 5%, reaching 155.296 mln tons. Total demand is projected by Safras at 152.1 mln tons, down 4% from the previous year. Therefore, ending stocks are expected to fall by 31%, from 4.641 to 3.196 mln tons.<\/p>\n\n\n\n<p>Safras projects the soymeal production at 41.750 mln tons, unchanged from 2023. Exports are expected to fall 4% to 21.7 mln tons, while domestic consumption is projected at 18.6 mln, a decline of 6%. Stocks are expected to rise 99% to 2.916 mln tons.<\/p>\n\n\n\n<p>Soyoil production must rise 1% to 10.960 mln tons. Brazil should export 1.3 mln tons, down 44% from the previous year. Domestic consumption is expected to rise from 8.650 mln to 9.650 mln tons. Use for biodiesel should increase 17% to 5.6 mln tons. The stocks are forecast to rise 26% to 535 thousand tons.<\/p>\n\n\n\n<p>Copyright 2024 \u2013 Grupo CMA<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Porto Alegre, June 18th, 2024 \u2013 Brazil\u2019s soybean exports are expected to total 94.8 mln tons in 2024, 7% below the 101.863 mln estimated for 2023. The forecast is part of the Brazilian supply and demand framework, released by Safras &amp; Mercado. In the previous survey, released in April, the numbers were 96 mln tons [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":64059,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[111],"tags":[],"commodity":[],"class_list":["post-63364","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-agribusiness-eng"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Losses in RS lead to a new cut in Brazilian soybean exports - SAFRAS &amp; Market<\/title>\n<meta name=\"description\" content=\"Brazil\u2019s soybean exports are expected to total 94.8 mln tons in 2024, 7% below the 101.863 mln estimated for 2023\" \/>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Losses in RS lead to a new cut in Brazilian soybean exports - SAFRAS &amp; 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