# More Traffic Projected in Panama Canal -

> The Panama Canal Authority projects cargo transits of 431 million tons for the fiscal year ending September 2018, up 7%. Growth is driven by higher commodity prices and emerging-market demand, and the Canal is promoting Panamax grain shipments from Brazil's Mato Grosso to Asia.

- Date: 2018-04-09 · published 2018-04-09T12:00:00.000Z
- Category: logistics · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/65409-more-traffic-projected-in-panama-canal
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Stronger Panama Canal grain traffic from Brazil to Asia supports Brazilian soybean and corn export flows and can ease freight costs on that route.

## Read by commodity

- SOY: neutral
- CORN: neutral
- OCEANFRT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2018-03-15 | [Brazilian Grain Producers Explore Increased Use of Panama Canal](https://feedsoft.ai/events/65910-brazilian-grain-producers-explore-increased-use-of-panama-canal.md) | +0.1% | +3.1% |
| SOY | 2018-03-16 | [Panama Canal signs MoU to promote grain shipments from Brazil](https://feedsoft.ai/events/65912-panama-canal-signs-mou-to-promote-grain-shipments-from-brazil.md) | -1.1% | +1.3% |
| SOY | 2022-04-01 | [Panama Canal Proposes New Toll System, Raising Transit Costs](https://feedsoft.ai/events/41746-panama-canal-proposes-new-toll-system-raising-transit-costs.md) | +1.7% | +5.6% |
| SOY | 2025-02-07 | [Transits Through the Panama Canal are Down 10%  \| SupplyChainBrain](https://feedsoft.ai/events/16969-transits-through-the-panama-canal-are-down-10-supplychainbrain.md) | -2.9% | -4.7% |
| SOY | 2024-01-19 | [Panama Canal restrictions' impact on supply chains \| McKinsey](https://feedsoft.ai/events/32022-panama-canal-restrictions-impact-on-supply-chains-mckinsey.md) | +0.8% | -4.2% |
| CORN | 2025-02-07 | [Transits Through the Panama Canal are Down 10%  \| SupplyChainBrain](https://feedsoft.ai/events/16969-transits-through-the-panama-canal-are-down-10-supplychainbrain.md) | +1.5% | -6.3% |
| CORN | 2024-01-19 | [Panama Canal restrictions' impact on supply chains \| McKinsey](https://feedsoft.ai/events/32022-panama-canal-restrictions-impact-on-supply-chains-mckinsey.md) | +0.8% | -6.7% |
| CORN | 2025-02-06 | [BIMCO: Panama Canal Transits Remain 10% Below Average Despite Lifted Drought Restrictions](https://feedsoft.ai/events/16964-bimco-panama-canal-transits-remain-10-below-average-despite-lifted-drought.md) | +1.4% | -7.2% |

## Sources

- panamaadvisoryinternationalgroup.com: https://panamaadvisoryinternationalgroup.com/blog/traffic-projected-panama-canal/

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