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Brazil News

 

Congestion at Brazil's Largest Port Leaves Traders Scrambling

Mar 23, 2021

Soy and sugar traders are fighting for room in Latin America’s largest port, rushing to secure loading slots as the slowest Brazilian soy harvest in 10 years pushes the grains export window into the sugar season.Congestion was hitting Brazil’s…

Rare US Soybean Cargo Unloaded at Brazils Paranaguá Port

Dec 04, 2020

A ship carrying 30,500 tonnes of U.S. soybeans was unloading its rare cargo on Friday after getting all regulatory permissions and docking at one of Paranaguá’s berths, according to a spokeswoman for the port authority.Brazil, a net food exporter…

Container Shortage Delays Shipments of Brazil's Record Coffee Crop

Oct 14, 2020

Coffee traders are struggling to ship cargos out of Brazilian ports because of a shortage of available containers or space in vessels to hold them, according to traders and analysts.Brazil's economy is suffering due to the coronavirus pandemic…

Brazil on a Grain Exporting Spree

Jul 01, 2020

Brazil is expected to export 11.9 million tonnes of soybeans in June, a 37% rise from the same month last year, as Chinese demand remains strong and ports operate normally amid the COVID-19 pandemic, industry group Anec said on Tuesday.Exports of corn from Brazil are seen at 774…

Demand for Brazil Grains Rise as Argentine River Shipments Hit Snag

May 28, 2020

Global demand for Brazilian grains is growing as Argentina and Paraguay struggle with low water levels in a key river for agricultural shipments that is preventing ships from being fully loaded, a Brazilian trading company told Reuters on Thursday…

Loading Resumes at Brazil Port After Ship Quarantined

May 26, 2020

Soybean loading operations were set to resume late on Tuesday at a berth at Brazil's Paranaguá port after a ship was ordered into quarantine following a positive COVID-19 test on a crew member, authorities said.Loading at the berth was halted after the positive test…

China's April Soybean Imports from Brazil Rise 2.6%

May 25, 2020

China's soybean imports in April from top supplier Brazil rose 2.6% from a year earlier, customs data showed late Monday, as the South American country could ship more cargoes owing to better weather conditions.China, the world's top soybean buyer…

Brazil Maritime Trade Surplus Widens

May 18, 2020

Brazil recorded a $19.7 billion maritime trade surplus in the first four months of the year as imports by value fell as the real currency weakened and exports of agriculture goods remained strong, a port operators group said on Monday.The surplus is 14…

Brazil Agrees to Raise Level of the Parana River

Apr 20, 2020

Brazil has agreed to release water at the giant Itaipu hydroelectric dam to raise low water levels in the Parana River, a key thoroughfare for grains shipments, Argentina's Foreign Ministry said on Friday.Decade-low water levels on the Parana…

Coronavirus Slows Brazil's Tropical Fruit Exports to EU

Apr 07, 2020

Brazilian producers of tropical fruits including mangoes and papayas have been hit by falling European demand amid coronavirus and feel burnt after excessively relying on EU sales, lobby group Abrafrutas told Reuters on Monday.Europe was the…

Rumo Says No Impact from Coronavirus on Soy Freight

Mar 09, 2020

An executive at Brazil's largest railway operator Rumo said soy crushing in China is returning to normal levels after an extended halt, a good sign for logistics operators involved in moving the oilseeds from Brazil's fields to the world's top importing country…

BIMCO: No Change in US Imports of Steel Goods From Brazil

Dec 06, 2019

0.0%, no change in US imports of steel goods from Brazil despite quotaIn the first ten months of the year, the US imported 3.9 million tonnes of steel goods from Brazil, the same as was imported in the first ten months of 2017, despite the US…

Iran Grain Ships Stranded in Brazil due to U.S. Sanctions

Jul 18, 2019

Two Iranian vessels have been stranded for weeks at Brazilian ports, unable to head back to Iran due to lack of fuel, which state-run oil firm Petrobras refuses to sell them due to sanctions imposed by the United States.The vessels Bavand and Termeh came to Brazil a couple months ago carrying urea…

Brazil Iron Ore Exports on the Rrise

May 21, 2019

Brazil's iron ore exports rose sharply in the first half of May, data showed on Monday, recovering from a more than seven-year low in April, as higher prices encouraged sellers to close more deals internationally.Until May 17, Brazil exported 16…

Petrobras Takes Two of Six Port Terminals in Brazil Auction

Apr 05, 2019

Brazil auctioned off six port terminals for liquid fuels in the northern state of Para to private operators on Friday, with subsidiaries of state-run oil company Petroleo Brasileiro SA winning two of the areas.The government raised nearly 450…

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