# Grain trade a boon as Brazil's Itaqui seeks higher shipping volumes

> Brazil's Itaqui port projects higher 2017 shipping volumes on the back of a record grain harvest and development of a new northern farming frontier. Most of its export cargo arrives by rail, and the port says its voyage times to Europe and North America are seven days shorter than southern rivals.

- Date: 2017-11-03 · published 2017-11-03T12:00:00.000Z
- Category: logistics · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/67882-grain-trade-a-boon-as-brazil-s-itaqui-seeks-higher-shipping-volumes
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Expanded Itaqui capacity gives Brazilian soy and corn an alternative export route, which can add competition for Santos and Paranagua loadings and modestly weigh on Brazilian export premiums.

## Read by commodity

- SBM: neutral
- SOY: neutral
- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2026-05-06 | [Freight Bottlenecks Reshape Grain and Fertilizer Shipping Routes - RFD](https://feedsoft.ai/events/16855-freight-bottlenecks-reshape-grain-and-fertilizer-shipping-routes-rfd.md) | +1.5% | -3.5% |
| SOY | 2019-12-05 | [Volume of Grain Moved by Barge Remains High, May Soon Slow \| Feed & Grain News](https://feedsoft.ai/events/55472-volume-of-grain-moved-by-barge-remains-high-may-soon-slow-feed-and-grain-news.md) | +1.8% | +6.0% |
| SOY | 2025-03-07 | [Containerized grain exports surge in 2024 as shipping alliances reshape in 2025](https://feedsoft.ai/events/25679-containerized-grain-exports-surge-in-2024-as-shipping-alliances-reshape-in-2025.md) | -1.7% | -0.2% |
| 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 | 2024-01-31 | [Diverted shipping routes are changing trade flows - Brownfield Ag News](https://feedsoft.ai/events/32019-diverted-shipping-routes-are-changing-trade-flows-brownfield-ag-news.md) | -1.6% | -7.0% |
| CORN | 2023-01-31 | [Supramax trans-Atlantic grain rates find a floor after multi-year lows - Shipping Herald](https://feedsoft.ai/events/37674-supramax-trans-atlantic-grain-rates-find-a-floor-after-multi-year-lows-shipping.md) | +1.3% | -4.0% |
| CORN | 2019-12-05 | [Volume of Grain Moved by Barge Remains High, May Soon Slow \| Feed & Grain News](https://feedsoft.ai/events/55472-volume-of-grain-moved-by-barge-remains-high-may-soon-slow-feed-and-grain-news.md) | -4.3% | +1.2% |
| CORN | 2019-03-21 | [Northern snow melt could delay grain shipping on the Mississippi River - Brownfield Ag News](https://feedsoft.ai/events/59980-northern-snow-melt-could-delay-grain-shipping-on-the-mississippi-river.md) | -1.2% | -4.1% |

## Sources

- reuters.com: https://www.reuters.com/article/business/energy/grain-trade-a-boon-as-brazils-itaqui-seeks-higher-shipping-volumes-idUSL2N1N719N/

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