SAO PAULO, Nov 27 (Reuters) - Transportation of soybeans
and corn on barges along the Brazilian Amazon's Tapajos River,
which had been suspended in early October due to dry weather,
resumed at 50% capacity this week, operators said on Wednesday.
Shipping began again on that waterway, which receives grain
cargos from Brazil's biggest farm state Mato Grosso and nearby
areas, as rain raised river levels, said Amport, an association
representing port terminals and cargo transshipment operators of
the Amazon basin.
Barge shipping on the Madeira River, another Amazon
waterway, returned to normal this week, Amport said. Grain
transportation on the Madeira had been halted in September, even
earlier than on the Tapajos River, amid a severe drought in the
world's largest rainforest.
"The Madeira River has seen a significant recovery in water
levels over the last 15 days, which has allowed navigation to
resume at full capacity," said Amport, whose members include
Cargill, Hidrovias do Brasil, Louis Dreyfus
and Unitapajos, a joint venture between Amaggi and
Bunge.
Cargill, Amaggi, Hidrovias do Brasil and Bunge declined to
comment. Louis Dreyfus did not have an immediate comment.
Northern ports including Barcarena, Itaqui, Santarem and
Itacoatiara accounted for nearly 34% of Brazil's soybean exports
in 2023 and 42.5% of total Brazilian corn shipments last year,
according to data compiled by Brazilian crop agency Conab.
When the drought hit, Brazil had shipped most of its
soybeans for the 2024 season. A smaller corn crop meant less
logistics pressure for the Amazonian barge system, Amport said.
Preemptively, traders had directed more cargo to ports to
Brazil's south and southeast ports, grain exporters association
Anec said, adding that this diversion increased costs.
Itaqui access does not depend on rivers that were affected
by the drought while Santarem and Itacoatiara tended to be more
affected, Amport said.