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Brazil Soybean Transportation: Truck Transportation Demand Lowers as Brazil's Soybean Export Season Ends.
| 题名： | Brazil Soybean Transportation: Truck Transportation Demand Lowers as Brazil's Soybean Export Season Ends. |
| 关键词： | transport；bean；ason；xport；demand；seas；expo；percent；shanghai；tion |
| 摘要： | The peak of the Brazilian soybean export season typically occurs from March through August, accounting for 79 percent of total exports (Soybean Transportation Guide: Brazil 2010). By the end of September, 91 percent of the Brazilian soybean crop is usually exported as producers prepare for the new planting season, reducing export transportation demand. Overall, during the 3rd quarter, the cost of shipping a metric ton (mt) of soybeans 100 miles by truck in Brazil increased 7.6 percent to US $12.26, from US $11.39 at the same time last year mostly due to the 6.46 appreciation of the U.S. dollar against the Brazilian real. The real appreciated against the dollar from 1.7487 reais per US $ to 1.6356. However, there were significant truck rate increases in the route from Londrina, Northwest Rio Grande do Sul (RS) to Rio Grande and Cruz Alta, North Central Parana (PR) to Paranagua. Rates increased in North PR because the overlapping soybean and sugar harvest that occurs from May-November increases truck demand. In the past years, rail and truck used to compete for soybeans cargo in RS. This year, however, there was a shortage of rail services, which increased truck demand and resulted in a 43 percent increase in truck rates from the 3rd quarter 2010. RS is the third largest soybean exporter after Mato Groso (MT) and PR. Truck rates reached a peak of US $12.72 per mt in September and began dropping in August. Farm prices in MT increased 27 percent from last year, lowering transportation as a percentage of total landed cost by 12 percent. Transportation as a percentage of total landed cost from Brazil to Shanghai declined 14.26 percent; shipping to Hamburg declined 319 percent. |
| 报告类型： | 科技报告 |
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