The Port of Santos expects promising times ahead, with Brazilian agribusiness performing well and exports set to follow a similar path. Soybeans, sugar, and corn will continue to be the most exported commodities at the Sao Paulo-based port, with foreseen increases of 3.9%, 4.1%, and 5.3%, respectively. According to the Santos Port Authority (SPA), the state-owned company that manages the Port of Santos, 25.6 million tonnes of oilseed grains should leave the country through the Santos by the end of this month. In addition, shipments of 19.1 million tonnes of sugar and 16.8 million tonnes of corn are also projected. An increase in throughput is also expected for next year. Soybean exports should add up to 26.6 million tonnes, while sugar exports are estimated at 19.9 million tonnes and corn at 17.7 million tonnes.
Sources: A Tribuna/Datamar News