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Brazil March soy exports fall short of record as harvest delay hits

Brazil March soy exports fall short of record as harvest delay hits

BRASILIA: Brazil exported 8.8 million mt of soybeans in March, according to customs data, falling short of the record 8.98 million mt it exported the year before.

The figures take the total exported in the first quarter of 2018 to 13.22 million mt, down 180,000 mt on the same period last year.

Exports fell short of a monthly record for March due to a delay in planting seed.

Corn exports for March totalled 605,000 mt, up from 243,000 mt exported this time last year.

Total Q1 exports for corn reached 4.9 million mt, up 124% on the same period last year.