Brazil Barge Operator Says Amazon Drought Worse Than in 2023
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Drought in the Amazon region is worse this year than in 2023, signaling a challenge for grain shipments, according to Hidrovias do Brasil SA, one of the country’s top barge operators.
“The picture this month shows a scenario more challenging than the one we saw last year,” Chief Executive Officer Fabio Abreu Schettino said during an earnings call Wednesday.