NEWS
South Amercia Calling
Fri Jan 23, 2015 02:06 PM CST

Brazil's economy is in the doldrums at present.

GDP grew at a projected 0.2% in 2014 and market consensus pegs expansion at just 0.4% in 2015.

One fringe benefit is a drop in freight demand that helped push grain transport rates lower in the second half of 2014.

It was a rare and glorious thing for farmers to see as the constant rise in truck freight rates post-harvest has bitten hard into soybean and corn margins in recent times.

In late September, freight from Sorriso, Mato Grosso, to Paranagua port was R$200 per ton ($2.29 per bushel), down 20% on ...

Quick View
Related News Stories
(none currently available)