Brazil: Progress in corn harvest influences freight prices in most markets

Published 2024년 8월 26일

Tridge summary

The National Supply Company (Conab) reports an overall increase in grain transportation prices on Brazil's main routes, with the exception of Paraná, due to the progress of the second corn harvest and the need to make room in warehouses. The most significant price increases were in the Central-West, Mato Grosso, and Mato Grosso do Sul, driven by the availability of freight, especially for corn. In contrast, Paraná experienced a decrease in freight rates. The Conab Logistics Bulletin also highlights the dynamic of agricultural exports and the logistical aspects of the agricultural sector, with a focus on the movement of important agricultural products in Brazil.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The prices for grain transportation services on the country's main routes have mostly increased, with the exception of Paraná, where demand for freight was mostly negative. The increase is mainly influenced by the progress of the second corn harvest. The analysis is included in the Logistics Bulletin of the National Supply Company (Conab), released last week. In the Central-West, in comparison with the previous month, prices for grain transportation services in July/24, originating in the Federal District, recorded positive variations in all the locations surveyed, with emphasis on the routes from Osvaldo Cruz, in São Paulo, and Imbituba, in Santa Catarina. The increases in prices were mainly driven by the greater availability of freight, especially for corn. In Mato Grosso, agricultural removals in July showed slight variations in relation to the previous month in most of the locations monitored. With the harvest of the second cereal crop well advanced, reaching almost 70% of the ...

Source: Opresenterural