# Brazil still feeling the impact of truck driver strike | World-grain.com | July 27, 2018 12:18 | World Grain

> The Brazilian grain industry is still feeling effects from an 11-day truckers' strike in May, according to a USDA GAIN report dated July 26. The strike led to a minimum freight rate policy that the CNA estimates raised freight rates by 50% to 150%, and USDA put losses to agriculture at $1.75 billion.

- Date: 2018-07-27 · published 2018-07-27T12:00:00.000Z
- Category: logistics · region Brazil · magnitude medium
- Page: https://feedsoft.ai/events/64059-brazil-still-feeling-the-impact-of-truck-driver-strike-world-grain-com-july-27
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Higher trucking costs and slower grain flows in Brazil's CenterWest region raise the delivered cost of corn and soybeans to ports, supporting Brazilian export prices and reducing export competitiveness.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2017-12-31 | [Grain workers strike impacts soybeans  : The Daily Digest](https://feedsoft.ai/events/67321-grain-workers-strike-impacts-soybeans-the-daily-digest.md) | +0.3% | +2.5% |
| CORN | 2021-06-08 | [Customs strike to impact Argentina’s grain exports  \| World Grain](https://feedsoft.ai/events/46603-customs-strike-to-impact-argentina-s-grain-exports-world-grain.md) | -2.0% | +2.4% |
| CORN | 2018-10-19 | [Pending strike could hurt grain shipments in Argentina \| 2018-10-19  \| World Grain](https://feedsoft.ai/events/62381-pending-strike-could-hurt-grain-shipments-in-argentina-2018-10-19-world-grain.md) | -2.9% | -6.2% |
| CORN | 2018-05-29 | [Factbox: Brazil trucker strike impacts on petroleum, petrochemical, steel and ags](https://feedsoft.ai/events/65190-factbox-brazil-trucker-strike-impacts-on-petroleum-petrochemical-steel-and-ags.md) | -3.7% | -9.3% |
| 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% |
| SOY | 2017-12-31 | [Grain workers strike impacts soybeans  : The Daily Digest](https://feedsoft.ai/events/67321-grain-workers-strike-impacts-soybeans-the-daily-digest.md) | +0.7% | +5.1% |
| SOY | 2018-10-19 | [Pending strike could hurt grain shipments in Argentina \| 2018-10-19  \| World Grain](https://feedsoft.ai/events/62381-pending-strike-could-hurt-grain-shipments-in-argentina-2018-10-19-world-grain.md) | -2.5% | +2.9% |
| SOY | 2017-05-17 | [Infrastructure issues hamper Brazilian exports \| World-grain.com \| May 17, 2017 19:19 \| World Grain](https://feedsoft.ai/events/70903-infrastructure-issues-hamper-brazilian-exports-world-grain-com-may-17-2017-19.md) | -2.9% | -4.6% |

## Sources

- world-grain.com: https://www.world-grain.com/articles/10737-brazil-still-feeling-the-impact-of-truck-driver-strike

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