Brazilian soybean and corn shipments from Paranagua, the country’s biggest grain and oilseeds port, will rise as much as 14 percent this year as growers harvest record crops, the hub’s head of operations said.
The shipments will climb from 44 million metric tons last year, said Luiz Henrique Dividino, superintendent of the port, in a telephone interview. The jump will follow an 8 percent increase last year, he said.
Brazil, set to surpass the U.S. as the world’s biggest soybean grower and exporter this year, is forecast to harvest a record 82.6 million tons of the oilseed this year, the government said in a Dec. 6 report. Corn output will drop to 71.9 million tons from a record 73 million in the past harvest.
“We are prepared for the challenge of shipping this record soybean crop and the big corn harvest that is expected too,” Dividino said.