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Brazil soy exports fall in June vs May, sugar rises

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Brazil s exports of coffee, iron ore and soybeans eased in June while shipments of raw sugarpicked up, monthly data from the trade ministry showed.

Brazil exported 6.9 million tonnes of soybeans in June versus 7.6 million tonnes in May. Exports of the oilseed have been easing from the record 8.3 million tonnes shipped abroad inApril now that harvesting has ended.

Coffee exports also eased slightly to 2.62 million bags from 2.69 million bags in May. The 2014 coffee crop is between 35 and 40 percent harvested according to the National Coffee Council but will take time to make its way to the ports.

Brazil exported just 87,600 tonnes of corn in June, the smallest amount in three years. Brazil briefly surpassed Argentina as the world s No. 2 corn exporter last year but is expected to slide back into third place this year.

Brazil is the world s top exporter of sugar, coffee, and orange juice and may surpass the United States as top soybean producer next season. The country posted on Tuesday a tradesurplus of $2.365 billion in June, the highest result this year.Source: Reuters (Reporting by Caroline Stauffer and Reese Ewing; editing by Chris Reese and Matthew Lewis)



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