# Brazil's new Freight Law is disrupting trade in grain

> Cargill said Brazil's new freight law, which sets only a minimum freight rate, is disrupting grain and oilseed trade by hindering pre-sales and shipping commitments. Congress approved the revision and it awaits President Temer's signature, while the Federal Court of Justice is still reviewing whether fixed freight rates are legal.

- Date: 2018-07-25 · published 2018-07-25T12:00:00.000Z
- Category: policy · region Brazil · magnitude medium
- Page: https://feedsoft.ai/events/64247-brazil-s-new-freight-law-is-disrupting-trade-in-grain
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Higher and inflexible Brazilian freight costs raise export prices for soybeans, corn and meal, which can shift trade toward U.S. supply and weigh on Brazilian farm-gate prices.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2021-01-07 | [Return to food protectionism is riling farmers in Argentina \| Air Freight News](https://feedsoft.ai/events/49005-return-to-food-protectionism-is-riling-farmers-in-argentina-air-freight-news.md) | +3.4% | +0.5% |
| SOY | 2020-02-29 | [Argentina's grain trade paralyzed by possible export tax increases - DatamarNews](https://feedsoft.ai/events/54443-argentina-s-grain-trade-paralyzed-by-possible-export-tax-increases-datamarnews.md) | -0.0% | -0.2% |
| SOY | 2025-05-14 | [U.S. grains: Soybeans hit nearly 10-month high on biofuel and trade hopes - Grainews](https://feedsoft.ai/events/9504-u-s-grains-soybeans-hit-nearly-10-month-high-on-biofuel-and-trade-hopes-grainews.md) | -1.3% | -1.6% |
| SOY | 2020-07-02 | [China Gearing-up To Meet Increase In Demand For Feed - Trade News - News - Zhejiang Yaofi Bio-Tech Co.,Ltd](https://feedsoft.ai/events/52131-china-gearing-up-to-meet-increase-in-demand-for-feed-trade-news-news-zhejiang.md) | +0.5% | -0.2% |
| SOY | 2020-09-15 | [Spotlight on Brazilian soy exports to France - EU REDD Facility](https://feedsoft.ai/events/51144-spotlight-on-brazilian-soy-exports-to-france-eu-redd-facility.md) | +0.3% | +1.4% |
| CORN | 2024-07-31 | [Brazil’s corn industry is discovering DDGS - Food & Agribusiness](https://feedsoft.ai/events/29366-brazil-s-corn-industry-is-discovering-ddgs-food-and-agribusiness.md) | -0.2% | -4.2% |
| CORN | 2021-01-07 | [Return to food protectionism is riling farmers in Argentina \| Air Freight News](https://feedsoft.ai/events/49005-return-to-food-protectionism-is-riling-farmers-in-argentina-air-freight-news.md) | +5.6% | +13.4% |
| CORN | 2020-02-29 | [Argentina's grain trade paralyzed by possible export tax increases - DatamarNews](https://feedsoft.ai/events/54443-argentina-s-grain-trade-paralyzed-by-possible-export-tax-increases-datamarnews.md) | +1.7% | -3.5% |

## Sources

- zmp.de: https://www.zmp.de/en/futures/news/newsticker-brazils-new-freight-law-disrupting-trade-grain-and-oilseeds-2018-07-25

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