ROAD FREIGHTS RATES FOR THE TRANSPORTATION OF GRAIN DECLINED BY 11% IN SEPTEMBER, SAYS CONAB

Road freight rates from Mato Grosso to the port of Miritituba, in Pará, fell by 11% in September compared to 2019. According to Conab, the drop is due to the conclusion of the paving of BR-163, as well as the increase of the transportation of grain for export along this route. From Sorriso (MT) to Miritituba, the transport of a ton of grain was R$ 170 last month, compared to R$ 190 in September last year. To Santarém (PA), the rate fell from R$ 240 to R$ 230 per ton. From Querência (MT) to São Luís (MA), the price dropped by R$ 300 to R$ 280. Although there are demands for exports, freight rate ends year with sharp decline, says Conab’s newsletter. According to the company, the rain delay and the delayed planting in 2020/21 in Mato Grosso should also postpone the increase in road freight industry in early 2021.

Sources: Valor / Portos e Navios

*Translated by Ia Niani