Brazilian soybean exports rise 16% in July while corn shipments lag: customs

Brazilian soybean exports reached a record 11.2 million tonnes in July, up by 16% year on year from 9.69 million tonnes, supported by strong demand from China. Corn shipments totaled 3.5 million tonnes in the same month, down by 16% from a year earlier, according to customs data released on late Tuesday August 6.