Brazilian ports can not cope with the export of grain

According to Agro2b.ru with reference to Agency Reuters,the Brazilian ports stretched queue of vessels awaiting loading.

Brazilian ports can not cope with the export of grain

Queue length (163 ships) is two times more than last year.

The reason for the delay of shipment of Brazilian soy and corn ships are heavy rains, the lack of port infrastructure and poor roads, which impede the delivery of grain to ports.

Rising prices for soybeans on the Chicago stock exchange was reinforced by delayed deliveries from Brazil, but this situation is temporary as the forecast of the Brazilian crop are favorable.

In addition, the sale of grain to foreign markets this year is more active due to the depreciation of the Brazilian real.
 
Exports of soybeans and corn were twice as high as last year, and this year rains delayed shipments, especially in the port of Paranagua.