NEWS
Brazil Senate Approves New Port Law
Alastair Stewart South America Correspondent
Fri May 17, 2013 07:53 AM CDT

SAO PAULO, Brazil (DTN) -- Brazil's Senate approved legislation aimed at modernizing ports.

The government-sponsored bill, designed to increase port efficiency and attract investment, garnered a 53-7 majority in the upper house and, following the formality of presidential approval, will pass into law.

One hurdle must still be overcome, however, as opposition senators have asked the Supreme Court to suspend the vote on the basis that it was rushed and proper procedure was not followed.

President Dilma Rousseff hopes the new rules will trigger $25 billion in investments, which are badly needed to ease bottlenecks currently impeding grain exports.

The ...

Quick View
  • Betting on Shorter Beans Researchers at the University of Nebraska and Purdue University have pinpointed a gene that produ...
  • Farming on the Mother Road - 5 Chris Clayton has been continuing his trip looking at the state of agriculture along historic Rou...
  • Farmers Pivot Back After Storms The majority of center pivots damaged by severe weather earlier this summer in Nebraska are up an...
  • Pick Contingency Plans - 3 As crop prices and insurance coverage swoon, farmers may need to supplement incomes with federal ...
  • Weathering the Drought Parts of the panhandle and western Oklahoma are still considered as being in extreme or exception...
  • AFBF Appeal The American Farm Bureau Federation asked a federal appeals court to reverse a lower court's Sept...
  • Pick Contingency Plans - 2 Commodity payments are largely capped at $125,000 per person. People must also report under $900,...
  • Ask the Vet What can I do to prevent the spread of facial warts in my herd?
Related News Stories
DTN South America Calling Blog
Brazil Soy Prices Slide
Brazil Could See Record Harvest
Brazil Invests in Ag - 3
Brazil Invests in Ag - 2
Brazil Invests in Ag - 1
DTN Brazil Invests in Ag - 1