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Brazil Soy Harvest Delays Spur One of Biggest-Ever Ship Line-ups

  • Ship schedule totals 15.9 million tons, MD Commodities says
  • Forecasts for February shipments range from 3m to 6m tons
Updated on

Soybean harvest delays in Brazil are creating one of the biggest-ever ship line-ups in the top exporter of the oilseed.

Brazil is now seen shipping 3.2 million metric tons this month, down from a previous forecast of 6.5 million tons, according to Chicago-based MD Commodities. Persistent rain on top of delays in seeding are holding back the harvest.