# Demand For Brazil Grains Rise As Argentine River

> Global buyers are shifting grain purchases to Brazil as Argentine and Paraguayan river shipments are hampered by low Parana River water levels. AgriBrasil sold three Brazilian corn cargoes that buyers originally sought in Argentina, and a COFCO soymeal ship ran aground at Rosario.

- Date: 2020-05-28 · published 2020-05-28T12:00:00.000Z
- Category: logistics · region Brazil · magnitude medium
- Page: https://feedsoft.ai/events/53348-demand-for-brazil-grains-rise-as-argentine-river
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md)

## Why it matters

Stranded Argentine river logistics raise demand for Brazilian corn and soymeal, supporting Brazilian export prices while Argentine FOB values weaken and barge and freight costs stay elevated.

## Read by commodity

- SBM: bullish ▲
- CORN: bullish ▲
- BARGE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2024-12-19 | [US grain exports are boosting demand for barge and rail transportation](https://feedsoft.ai/events/27130-us-grain-exports-are-boosting-demand-for-barge-and-rail-transportation.md) | +2.0% | +7.4% |
| CORN | 2022-06-29 | [Argentine trucker protest slashes grains delivery, threatening exports and milling \| Reuters](https://feedsoft.ai/events/14024-argentine-trucker-protest-slashes-grains-delivery-threatening-exports-and.md) | +1.2% | -16.3% |
| CORN | 2021-07-23 | [EXCLUSIVE Historic low river levels force Argentine grains ships to cut cargoes by 25%, ports chamber says](https://feedsoft.ai/events/45897-exclusive-historic-low-river-levels-force-argentine-grains-ships-to-cut-cargoes.md) | -1.1% | -2.6% |
| CORN | 2022-04-12 | [Argentine grains truck traffic grinds to a halt as strike hardens](https://feedsoft.ai/events/41857-argentine-grains-truck-traffic-grinds-to-a-halt-as-strike-hardens.md) | +5.0% | +1.4% |
| CORN | 2021-02-03 | [Argentine Grain Exports Hit by Trucker Strike \| Feed & Grain](https://feedsoft.ai/events/48462-argentine-grain-exports-hit-by-trucker-strike-feed-and-grain.md) | +0.3% | -1.8% |
| SBM | 2020-11-09 | [Argentine grain receivers resume direct actions as salary talks fail - Fastmarkets](https://feedsoft.ai/events/50156-argentine-grain-receivers-resume-direct-actions-as-salary-talks-fail-fastmarkets.md) | +1.5% | +1.1% |
| SBM | 2022-06-29 | [Argentine trucker protest slashes grains delivery, threatening exports and milling \| Reuters](https://feedsoft.ai/events/14024-argentine-trucker-protest-slashes-grains-delivery-threatening-exports-and.md) | -1.1% | +3.0% |
| SBM | 2021-07-23 | [EXCLUSIVE Historic low river levels force Argentine grains ships to cut cargoes by 25%, ports chamber says](https://feedsoft.ai/events/45897-exclusive-historic-low-river-levels-force-argentine-grains-ships-to-cut-cargoes.md) | -1.5% | -3.0% |

## Sources

- marinelink.com: https://www.marinelink.com/news/demand-brazil-grains-rise-argentine-river-478907

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.