Soybean sales for the 2021/22 campaign – a few weeks after the start of the new sowing – continue to lag behind the historical average and compared to last season, and this is evident in the meager current foreign exchange income and in view of the next weeks. According to official data, last week producers sold just 166,000 tons, which marks a decline of more than 80,000 tons compared to the previous seven days. Meanwhile, so far some 11.4 million tons remain to be sold, out of a total harvest of 43.3 million tons. At this time last year, with a harvest of 43.1 million tons, they remained to be sold. 8.3 million tons. So far in November, the income of dollars by agro-exporters accumulates less than US$700 million, perhaps the lowest historical value for this period of the year.
Source: Ambito
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