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.
NPPC President Rob Brenneman says rising fuel and input costs are creating pressure across pork production despite steady trade.
ISA says Southeast Asia continues driving demand for soy-based feed products through expanding livestock and seafood industries.
Mexico’s demand for U.S. corn, soybeans, and wheat remained mostly steady during the first quarter, despite higher transportation costs.
RealAg Radio host Shaun Haney says producers should continue to watch tariff negotiations, market access, and the possibility of a more transactional trade relationship with China.
Dr. Jeffrey Gold says health officials continue monitoring outbreaks in the Democratic Republic of the Congo and Uganda.
USMCA review nears a critical stage as the U.S. and Mexico advance talks while Canada risks being left behind, raising concerns across North American agriculture trade.
