Soybean and Beef Exports Increase During Pandemic

Soy is one of the biggest movements in Brazilian exports with the outside. Thus, soybean exports grew by 37.6% in March, compared to the same period last year.

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According to Secex (Secretary of Foreign Trade), which formulates and manages Brazilian foreign policy at the Ministry of Economy, Brazil reached 11.64 million tons exported.

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Even with the pandemic of the new coronavirus, when comparing monthly values, it more than doubled in relation to export comparisons. Being in February a value in volumes of 5.1 million tons, harvest flow period.

Exportações De Soja E Carne Bovina Tem Aumento Durante A Pandemia 02 de abril de 2020

Soybean and beef exports increase

Although the pandemic has affected transport with inconvenience on the highways, as truck drivers have suffered from fewer stops. And so we see this growth and progress in exports.

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Compared to March, Brazil reached US$3.978 billion in sales, an advance of 31.6%.

According to Anec (Association of Cereal Exporters) the accumulated would have reached 11.5 million tons for the month. This association seeks data from Secex, which works on developing data, to study the trade balance, also released records in March of 13.1 million tons.

While disclosures on exports and movement are being developed, the total period has not been finalized and volumes could be even higher.

Beef

Beef, like soy, has a large foreign market. Fresh meat in March had a value of 125.9 thousand tons, according to information provided by the federal government. Compared to last year in the same period in March there was a growth of 6.2%.

Even with the pandemic, the closure of suppliers that needed to join the holidays, companies such as JBS and Minerva, the largest beef exporters, still achieved a positive performance.

China, the country where the virus pandemic emerged, even affected there are reports of returning, purchases of Brazilian meat. Thus, Brazil manages to reach 555.4 million dollars, with exports in March.

 

 

 

 

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