The impact on Brazilian soybeans is still uncertain, given that the majority of the crop had already been harvested, said the director of Statistics and Foreign Trade Studies at the Development Ministry, Herlon Brandao, this Wednesday at a press conference.
- Impact on the rest of the soybean harvest is yet to be assessed
- “Rio Grande do Sul is an important state for Brazilian foreign trade,” he said
- Soy was the main product exported by Rio Grande do Sul in 2023, corresponding to the fourth largest exporting state
- The impacts of the rains in Rio Grande do Sul will be seen in the result of the trade balance in May