Brazilian Iron Ore, Corn and Soya Exports in November

Grain, Iron Ore

Brazilian iron ore exports eased 0.1 Mt year-on-year to 29.2 Mt in November, the lowest level since May, preliminary government data show. Annual declines in eight out of 11 months brought loadings down 17.4 Mt to 308.5 Mt in January-November.

Meanwhile, Brazilian corn exports rose 0.8 Mt on the year to 4.9 Mt last month, bringing year to date shipments to 30.8 Mt (-7.6 Mt).

The country’s soyabean and soyameal shipments were at 1.5 Mt a piece in November, dropping 3.5 Mt and up 0.2 Mt, respectively. Nevertheless, combined soya exports still climbed 13.7 Mt to 99.8 Mt in January-November.