NEWS
Alastair Stewart South America Correspondent
Mon Sep 22, 2014 11:16 AM CDT

ADM Opens Brazilian Northern Port Operations

Archer Daniels Midland last week opened its new port terminal in the northern Brazilian city of Bacarena.

Costing $200 million, the terminal will receive grains that are principally trucked and barged up from Mato Grosso.

This is one of the numerous projects aimed at improving Brazil's overstretched logistics by redirecting grains currently sent by truck, at great expense, from the soy farms deep in the interior to southern ports to terminals in the Amazon and on the northern coast.

ADM hopes to export 1.5 million metric tons of grain via the port next year, ...

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