# Brazil ports linked to Bunge, Cargill seek lower Panama Canal fees

> Brazilian port operators, including units of Cargill and Bunge, will propose lower Panama Canal tariffs for grain shipments to China. They argue that shipping via the Cape of Good Hope is about $206,000 cheaper per ship at current tariffs.

- Date: 2019-04-02 · published 2019-04-02T12:00:00.000Z
- Category: logistics · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/59493-brazil-ports-linked-to-bunge-cargill-seek-lower-panama-canal-fees
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

If tariffs fall, Brazilian soybean exports to Asia could become cheaper and faster to ship, supporting Brazil's export competitiveness against U.S. supplies.

## Read by commodity

- SOY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2019-04-02 | [Brazilian Port Operators Seeking Ways to Reduce Panama Canal Tariffs](https://feedsoft.ai/events/59499-brazilian-port-operators-seeking-ways-to-reduce-panama-canal-tariffs.md) | +0.4% | -6.1% |
| SOY | 2023-11-09 | [Panama Canal crisis forces US farm exports to detour through Suez](https://feedsoft.ai/events/33062-panama-canal-crisis-forces-us-farm-exports-to-detour-through-suez.md) | +2.7% | -2.8% |
| SOY | 2026-08-21 | [Panama Canal caps lock capacity, set to boost dry bulk ton-miles \| S&P Global](https://feedsoft.ai/events/16772-panama-canal-caps-lock-capacity-set-to-boost-dry-bulk-ton-miles-s-and-p-global.md) | +2.6% | +7.7% |
| SOY | 2020-01-15 | [Panama Canal adds fees, changes booking as it fights drought \| Supply Chain Dive](https://feedsoft.ai/events/54986-panama-canal-adds-fees-changes-booking-as-it-fights-drought-supply-chain-dive.md) | -1.6% | -3.9% |
| SOY | 2019-05-06 | [Panama Canal Drought Puts Bullseye on U.S. Gulf Crop Exports -](https://feedsoft.ai/events/58988-panama-canal-drought-puts-bullseye-on-u-s-gulf-crop-exports.md) | -3.9% | +6.0% |

## Sources

- cnbc.com: https://www.cnbc.com/2019/04/02/reuters-america-brazil-ports-linked-to-bunge-cargill-seek-lower-panama-canal-fees.html

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