Brazil’s Minimum Freight Rates are Being Negotiated
Approximately 60% of corn and soybeans in Brazil is transported by truck from origin to destination. As a result, truck freight rates play a major…
Soybean Barge Rates at Three- and Five-Year Averages
Barge freight rates continue to remain near historic lows. [A detailed explanation of barge freight rate calculations is provided at the end of this article.]…
Ocean Freight Rates to Remain Near $50 per Metric Ton
The U.S. is a soybean surplus country dependent on exports, particularly from the Center Gulf. Brazil’s soybean exports limits the United States’ ability to pass…
Increase in Truck Capacity is Decreasing Truck Rates
In 2018, the impact of the electronic logging device (ELD) mandate in tandem with a strong U.S. economy translated into a lack of truck capacity…
Soybean Barge Movements Well Above 2019
Outside of a surging crude oil market, 2019 was a very tough year for the barge industry. Coal is the largest commodity in terms of…
Brazil Southern Ports Improving to Meet Northern Arc Challenge
The northern arc of ports is allowing Brazil to increase its grain export capacity without the traditional long delays in getting the grain to the…
Southern European Soy Importers Experience U.S. Sustainability and Infrastructure During Trade Visit to U.S.
Several of the largest feed, poultry and pork producers, and soy crush industry representatives from Portugal, France, Spain, Germany, and Italy participated in a trade…
U.S. Soy International Buyers Tour Container Terminal
Follow U.S. soy buyers from the Middle East/North Africa region as they tour the Consolidated Grain and Barge (CGB) Enterprises, Inc. facility in Joliet, Illinois.…
Port of Virginia Completes Renovation
The U.S. Department of Agriculture (USDA) reported that nearly 16% of U.S. containerized grain exports move through the Port of Virginia. The two-year renovation and…
Filipino Buyer Touts Sustainable, Long-Term Relationship with U.S. Soy
Filipino buyer Edwin Mapanao, VP of the Philippine National Association of Feed Millers, Inc., took part in a U.S. mission to tour soy farms, export…