A grain marketing consultant says transportation issues continue in Brazil as trucking costs jumped one and a half percent Sunday.
Dr. Michael Cordonnier with Soybean and Corn Advisor tells Brownfield, “This is always the peak demand for trucks in Brazil during the soybean harvest, so this is actually good news for the truckers but not good news for the farmers. So, they’re going to have to pay a higher freight rate which makes them so, even more uncompetitive.”
Cordonnier says Brazilian farmers still rely heavily on trucks to move crops to market… for now.
