financetom
Business
financetom
/
Business
/
LDC says Brazil soymeal cargo returned from port for reprocessing
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
LDC says Brazil soymeal cargo returned from port for reprocessing
Jan 29, 2025 1:18 PM

SAO PAULO, Jan 29 (Reuters) -

A cargo of Louis Dreyfus Company soymeal destined for export

from the southern Brazilian port of Paranagua was returned for

reprocessing at one of the company's local plants, the grain

processor told Reuters on Wednesday.

LDC declined to provide details such as the timeline of the

refusal, size of cargo and destination, or the nature of the

issue with the cargo.

However, a person with knowledge of the matter said LDC's

soymeal was sent by trucks to the port but subsequently rejected

last week for containing impurities.

Brazil's ability to track agricultural commodities cargoes

has come under heightened scrutiny after China suspended five

local soybean exporters, citing product non-conformities earlier

this month.

"The Louis Dreyfus Company clarifies that, with regard to

the aforementioned cargo, given the absence of any type of

adulteration or harmful agents, it carried out the procedure

established in current legislation, returning the cargo for

reprocessing," the company said in a statement.

The port authority did not have an immediate comment on

LDC's soymeal.

The refusal of LDC's soymeal came after authorities at the

port of Paranagua said on Tuesday 51 truck-loads carrying 2,200

tons of soymeal were turned down for "product adulteration",

without naming the companies involved.

LDC said none of its soy processing plants in the states of

Parana, Mato Grosso and Goias had sent allegedly contaminated

soymeal products to Paranagua.

The source said the soymeal cargo's origin was LDC's factory

in Ponta Grossa in the state of Parana.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
SJVN secures 200-MW wind power project at ₹3.24 per unit
SJVN secures 200-MW wind power project at ₹3.24 per unit
Nov 16, 2023
Projected to generate 482 million units in its inaugural year post-commissioning, the cumulative energy generation over a 25-year span is anticipated to reach 12,050 million units. Shares of SJVN Ltd ended at ₹75.17, down by ₹0.50, or 0.66%, on the BSE.
This sustainable jewellery brand is luring some women away from gold
This sustainable jewellery brand is luring some women away from gold
Oct 30, 2023
Aulerth's offerings range from ₹5,000 to as high as ₹2.8 lakh. Are women willing to spend this much on jewellery made from scrap? Founder and CEO Vivek Ramabhadran definitely believes so. Aulerth produces couture-inspired pieces in association with designers like JJ Valaya, Suneet Varma, among others. It has reported 33% repeat customers in the past year and expects a spike to 40% soon.
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Nov 15, 2023
Th Suzlon wind turbines received the RLMM (Revised List of Models & Manufacturers) listing from the Ministry of New and Renewable Energy, marking an important milestone for the successful commercialisation of the product. Shares of Suzlon Energy Ltd ended at ₹40.49, up by ₹1.85, or 4.79%, on the BSE.
Tata Power Renewable Energy wins 200-MW project in collaboration with SJVN
Tata Power Renewable Energy wins 200-MW project in collaboration with SJVN
Nov 28, 2023
The firm and dispatchable renewable energy (FDRE) project, designed with a hybrid of solar, wind, and battery storage, is aimed at providing a stable and dispatchable energy supply during peak hours. Shares of Tata Power Company Ltd ended at ₹270.75, up by ₹12.60, or 4.88%, on the BSE.
Copyright 2023-2026 - www.financetom.com All Rights Reserved