Industry

Loading and logistics costs rise to $244 mn in four months

Exporters have been paying 10% higher premiums on average in April for corn delivered at Argentina’s Bahia Blanca port compared to Up-River ports, according to a recent report by the Rosario Board of Trade (BCR). Argentina’s Parana River water depth has been slowing down grain loadings and logistics at the nation’s key waterway, costing the local grain industry $244 million in the last four months, BCR recently said.

Source: Agricensus

Categories: Industry