SAO PAULO, Dec 4 (Reuters) – Brazil’s soybean exports jumped 64% in November from a year ago to 4.2 million metric tons, the government said on Thursday, with good local supply allowing elevated shipments before the world’s largest importer China shifts to United States’ beans.<\/p>\n
Brazil soy exports normally fall towards the end of the year as the country approaches the new harvest late on January or early February, but a record crop in 2025 means there are still enough supplies to keep foreign sales going, grain exports lobby Anec said on Thursday.<\/p>\n
Sign up here.<\/a><\/p>\n Anec projects December shipments to also increase sharply, around 90%, to 2.8 million tons. The industry group sees total Brazilian soy exports at 110 million tons in 2025 from 97.3 million tons in 2024.<\/p>\n China bought several vessels of soybeans from the U.S. recently, with loadings expected already in December<\/a>. The Chinese buying is part of its trade deal with the U.S.CORN EXPORTS<\/p>\n Brazilian corn exports, however, are expected to fall short of expectations, Anec said.<\/p>\n The group reduced its corn shipment projection by 1 million tons for 2025, to 41 million tons, citing increasingly higher domestic demand.<\/p>\n Brazil’s booming corn ethanol and meat industries are boosting internal demand for the cereal, according to Anec.<\/p>\n On Wednesday, an association representing pork and chicken processors<\/a>, which uses corn as feed, projected a rise in output and exports for both meat types, indicating strong demand for the cereal.<\/p>\n Despite the downward revision, Brazilian corn exports could still close 2025 with growth, considering that the country exported 37.8 million tons in 2024, according to Anec data.<\/p>\n In December, Brazilian corn shipments are expected to reach 4.99 million tons, a nearly 38% increase compared to the same month last year.<\/p>\n Reporting by Roberto Samora and Fernando Cardoso, writing by Ana Mano, Marcelo Teixeira and Diane Craft<\/p>\n Our Standards: The Thomson Reuters Trust Principles., opens new tab<\/a><\/p>\n