Grain exports from Brazil should accelerate with less rain in the center-south

Published 2023년 3월 17일

Tridge summary

Exports of soybeans and corn from Brazil are anticipated to increase in the coming week, due to improved weather conditions expected to reduce rainfall. This will lessen the impacts of recent heavy rains that had disrupted shipments from the port of Paranaguá. The port of Santos, a key hub for soy and corn exports, is also set to benefit from this weather improvement. The National Association of Cereal Exporters (Anec) has slightly increased its forecasts for Brazil's soybean and corn exports in March, reflecting this improved outlook.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

SAO PAULO (Reuters) - Soybean and corn exports are expected to pick up pace next week, with less rain expected compared to the first half of March, when shipments from important ports in central-south Brazil had to be routinely interrupted due to rainfall, according to information from a meteorologist and from the port of Paranaguá (PR). The port of Paraná, for example, suffered from above-average rainfall this month. In 16 days in March, adding up the accumulated hours with interruptions in shipments due to rainy weather, Paranaguá lost the equivalent of almost seven days, according to the port administration. For next week, the climate scenario should be different, including for the port of Santos, the main port in the country for soy and corn. “The firmer weather, with a forecast of much more irregular rains in the first week of autumn, will favor shipments of soy and corn in the ports of Santos and Paranaguá,” Marco Antônio dos Santos, agrometeorologist at Rural Clima, told ...
Source: Mixvale

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