The torrential flooding in South America could soon disrupt exports from Brazil’s fourth-largest soybean port in Rio Grande Do Sul as floodwaters spill over into roadways and rail routes linked to the major Brazilian grain port.
Loaded grain trucks must travel an extra 250 miles per trip to circumvent blockades and reach the Rio Grande port. That, of course, is causing delays as well as increasing freight costs.
Brazilian grain traders exported more than 10 million tons of soybeans and 3 million tons of soy meals out of Rio Grande Do Sul in 2023.
Brazil’s southernmost state has received more than 31 inches of rain in a week, which has led to the declaration of a public emergency and the deaths of at least 100 people. 128 are still missing. More rain is in the forecast through the first half of May.
USDA says total grain inspected for export reached 2.81 million metric tons for the week ending June 11.
Experts note that economic growth, fuel demand, and energy diversification are opening new opportunities for U.S. grain and ethanol exports in Southeast Asia.
Agencies will collaborate to monitor wildlife movement along the U.S. Southern Border and reduce pathways for New World Screwworm to spread.
The agreement is expected to formally take effect on Friday, and markets will continue watching for signs that shipping traffic and global energy flows are returning to normal.
Governor Greg Abbott announced a free online training course through Texas A&M AgriLife Extension Service on June 13.
OSU Veterinarian Dr. Rosslyn Biggs joins us to discuss early detection tips and the path forward in protecting livestock from the New World Screwworm.
