Brazilian Soybeans Heading to Argentina in Early February

Cargill and Viterra appear as charterers of two vessels to be loaded with Brazilian soybeans for delivery in Argentina over coming weeks, according to shipping data, Reuters reported.

loading soybeans
loading soybeans
(AgWeb)

Cargill and Viterra appear as charterers of two vessels to be loaded with Brazilian soybeans for delivery in Argentina over coming weeks, according to shipping data, Reuters reported.

Cargill’s Interlink Fortuity vessel is expected to arrive on Jan. 25 at the port of Santarem in northern Brazil and set sail on Feb. 5, loaded with 27,000 MT of soybeans for Argentina. Viterra’s Indigo Garland is due to arrive in three days at the same port. It will set sail on Feb. 8 with a 44,000-MT bean cargo also to be delivered in Argentina. The timing of the shipments and the port of departure are both atypical. Normally, Brazilian soybeans are sent via river on barges from Murtinho port in Mato Grosso do Sul, and arrive at Argentina’s Rosario hub directly.

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