NEWS
Brazilian Corn Delays
Alastair Stewart South America Correspondent
Tue Nov 20, 2012 11:52 AM CST

SAO PAULO, Brazil (DTN) -- Delays in Brazilian corn deliveries are forcing Asian buyers to switch to the U.S. to fulfill their needs.

With Brazilian ports so stretched by surging demand this year, the news comes as little surprise.

International buyers flocked to Brazil in the second half of 2012 to snap up its bounteous second crop after drought sharply curtailed U.S. and Argentine production.

And the ports of Santos and Paranagua have actually exceeded expectations in their capacity to ship corn.

Back in July, analysts suggested Brazil couldn't export more than 2.5 million metric tons (mmt) per month and ...

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