FEDERAL REVENUE STRIKE KEEPS ARGENTINE WHEAT STUCK IN THE PORT OF SANTOS

The wheat industry union of the state of São Paulo (Sindustrigo) reported that about 38 thousand tonnes of imported wheat are being held in the Port of Santos, awaiting release from the Federal Revenue. “We are seeing many cases of unjustified wheat clearance delays. The cargo stuck at the port is from Argentina. It was imported according to Mercosur agreements by mills that have been doing this for at least 20 years. We do not have a new factor that explains the delay in the operation that, in normal times, would take 3 to 5 days to complete,” said the president of Sindustrigo, Valnei Origuela. “The delay in releasing the wheat shipments held at Santos produces an imbalance because the port’s silos are full, making additional grain vessels unable to unload. This movement can result in hefty expenses for importing mills, which pay between US$ 35,000 and 40,000 per day to ships anchored at the port awaiting release to unload,” explained Origuela.

Sources: Canal Rural/Datamar News