Brazilian grain exporters are taking precautions to avoid possible delays caused by drought in the Amazon rivers. Some cargoes are being diverted from ports in the North to terminals in the South/Southeast, including the Port of Santos. However, Sérgio Mendes, the director general of the National Association of Cereal Exporters (Anec), stated that this is not a widespread practice. The drought in the Amazon rivers has limited the transport of cargo on barges to the Northern Arc Ports, but this should not impact Brazilian exports. Companies are using these preventive measures to avoid dangers during freight transportation. Adjustments to export predictions, which are mainly connected to weather variables, are deemed normal.
Source: Money Times (*Translated by Ia Niani)
BRAZIL REDIRECTS GRAIN CARGOES TO SANTOS DUE TO DROUGHT IN THE AMAZON RIVERS
Published On - 25 de October de 2023