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REUTERS/Bruno Kelly/File Photo Acquire Licensing RightsSAO PAULO, Oct 18 (Reuters) - Severe drought in the Amazon is forcing Brazilian grain exporters to divert a small number of export cargos to southern port terminals instead of northern ports, grain exporters group Anec said on Wednesday. Brazil is the world's biggest soybean exporter and expected to overtake the U.S. this year as top corn exporter. The drought, which has limited volumes of grain transported on barges via northern ports in recent days, will not impact Brazilian overall grain exports this year, Anec said. Anec is maintaining projections for record 2023 Brazilian soy exports at 99 million metric tons, and record corn exports between 52 million and 53 million tons, Mendes said. From January to August, 44% of Brazil's corn exports went through four main northern ports including Barcarena, Itaqui, Itacoatiara and Santarem, according to crop agency Conab, while some 31% of corn shipments from Brazil left through Santos.
Persons: Bruno Kelly, Anec, Sergio Mendes, Mendes, Ana Mano, Rod Nickel Organizations: REUTERS, SAO PAULO, ADM, Cargill, Thomson Locations: Rio Negro, Manaus, Brazil, China, Santos, Mato Grosso, Itacoatiara, Santarem
Brazil clears bottlenecks to oust US as top corn exporter
  + stars: | 2023-08-24 | by ( Ana Mano | ) www.reuters.com   time to read: +7 min
"We celebrated a lot... when (corn export) volumes via northern ports equaled Santos," said Sergio Mendes, head of Brazilian grain exporter group Anec. "By using northern ports... you are saving 20 reais ($4.12) per ton (of corn)." Treemap with data from Cargonave show the percentage share of corn exports of Brazil ports in north and south part of the country. CHEAPER ROUTE TO CHINAThe new export capacity has helped grains shipped from Brazil's northern ports to compete on logistics costs with U.S. farmers. "The greater share of shipments through northern ports reflects cheaper freight costs compared to routes to the ports in the south and southeast," said Thome Guth, a Conab official.
Persons: Adriano Machado, Sergio Mendes, Louis Dreyfus, Brazil's, Thiago Pera, Santos, ", Thome Guth, Ana Mano, Brad Haynes, Marguerita Choy Organizations: REUTERS, SAO PAULO, China, U.S, Cargill, Bunge, Louis Dreyfus Commodities, TCU, Shipping, U.S . Department of Agriculture, COFCO, Santos, Thomson Locations: Brasilia, Brazil, Santos, Ukraine, China, U.S, Northern, Madeira, Santarem, Barcarena, Itaqui, Canada, Argentina, Mato Grosso, CHINA, Iowa, Shanghai, Itacoatiara, Chicago, Para, Norte Sul, Tocantins, Goias, Minas Gerais, Mato
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