World Grain - March 2014 - 75

FEATURE: brazil facing logistic issues

industry will need to improve its efficiency, and a process of
consolidation and professionalization has already begun," the
report said. "Bigger players are planning to expand capacity
and capture a larger share of the market, and also are looking
into alternative feedstocks such as palm oil. These players are
likely to improve the export profile of the Brazilian industry,
looking to expand their international scope."
corn losing ground
Brazilian corn production is expected to reach 72 million
tonnes in 2013-14, a drop of 11% from the previous growing season. Worldwide, corn production is expected to increase 12% in
2013-14 to 967 million tonnes. However, Rabobank said the expansion is not expected to be met with a proportional increase in
demand, which is expected to rise by 7.9% to 935 million tonnes.
International corn reserves are expected to see a 20.5%
increase, which is likely to keep prices under pressure. A
continued depreciation of the real in 2014 should at least
partially offset the decline in dollar-denominated corn prices, the study said.
Rabobank predicts that Parana prices will stay fairly stable until at least the third quarter, when the size of the new
U.S. crop will determine price direction. Prices in Mato
Grosso, the largest Brazilian corn-producing state, will also
be maintained by the depreciating currency.
However, a seasonal drop in prices in the second quarter is
likely as the second corn crop comes online and the basis skyrockets due to the lack of storage capacity and the overloaded
grain transportation infrastructure, the study said.
"This scenario highlights the importance of relying on storage systems, allowing for the marketing of the product at better prices outside the main crop harvest window and logistical

Brazil corn, soybean production
(2009-14)

100
Corn

Soybeans

80
60
40
20
0

2009-10

2010-11

2011-12

2012-13

2013-14*

* Forecast
Source: Rabobank, 2014.

chaos," the study said. "The excess corn in the market and
high transportation costs are directly reflected in the price received by the farmer."
logistic troubles
Brazil's exports are expected to remain strong in 2014, with
soybean exports expected to increase 4.7% to a record 44 million tonnes. Corn exports will be strong, but slightly below
the record 25 million tonnes shipped in 2013 due to increased
competition from the U.S. Exports are still likely to exceed
20 million tonnes since China has agreed to allow imports of
Brazilian corn after signing an agreement in November 2013.
With exports expected to remain strong, there are concerns
that Brazil will see a repeat of the shipping backlogs experienced in past years. In 2013, the nation saw truck queues

For more information, see Page 94.

www.World-Grain.com / World Grain / March 2014

75



http://www.denis.fr http://www.World-Grain.com

World Grain - March 2014

Table of Contents for the Digital Edition of World Grain - March 2014

World Grain - March 2014
Table of Contents
From the Editor-in-chief - Extraordinary time for this industry
Calendar of Events
XV International Grain Round
News Review - COFCO, Nidera form partnership
Sumitomo acquires Emerald Agribusiness Group
Flavin named publisher of World Grain
World Grain refreshes website
Ardent creation delayed by divest
ADM appoints new president
Agspring to acquire Idaho grain business
Paul Bartlett dies; led grain, milling and cattle business
CBH exports record grain shipment
The Andersons reports increase in 2013 income
Bunge buys corn masa flour mill
KSU’s Maier promoted
IAOM MEA Conference returns to South Africa
GrainCorp chairman warns of empty bins, reduced receivals
Agribusiness segment boosts Bunge’s earnings
Grain Market Review - Wheat
Country Focus - Malaysia
Feature - Canada, E.U. make a deal
Chronology of events leading up to the agreement in principle
Feature - Government global grain reserves
Feature - IAOM annual meeting
IAOM Product Showcase
Feature - IPPE review
World Grain Weather Report - Southeast Asia drying
Technical Profile - Ship unloading solution
Feature - Facing logistic issues
Supplier News
World Grain Archive
Advertiser Index/Faxback Program
World Grain - March 2014 - World Grain - March 2014
World Grain - March 2014 - 2
World Grain - March 2014 - 3
World Grain - March 2014 - 4
World Grain - March 2014 - Table of Contents
World Grain - March 2014 - 6
World Grain - March 2014 - 7
World Grain - March 2014 - From the Editor-in-chief - Extraordinary time for this industry
World Grain - March 2014 - 9
World Grain - March 2014 - XV International Grain Round
World Grain - March 2014 - 11
World Grain - March 2014 - Sumitomo acquires Emerald Agribusiness Group
World Grain - March 2014 - 13
World Grain - March 2014 - World Grain refreshes website
World Grain - March 2014 - Ardent creation delayed by divest
World Grain - March 2014 - Agspring to acquire Idaho grain business
World Grain - March 2014 - CBH exports record grain shipment
World Grain - March 2014 - Bunge buys corn masa flour mill
World Grain - March 2014 - IAOM MEA Conference returns to South Africa
World Grain - March 2014 - Agribusiness segment boosts Bunge’s earnings
World Grain - March 2014 - 21
World Grain - March 2014 - Grain Market Review - Wheat
World Grain - March 2014 - 23
World Grain - March 2014 - Country Focus - Malaysia
World Grain - March 2014 - 25
World Grain - March 2014 - 26
World Grain - March 2014 - 27
World Grain - March 2014 - Feature - Canada, E.U. make a deal
World Grain - March 2014 - 29
World Grain - March 2014 - 30
World Grain - March 2014 - 31
World Grain - March 2014 - Chronology of events leading up to the agreement in principle
World Grain - March 2014 - 33
World Grain - March 2014 - Feature - Government global grain reserves
World Grain - March 2014 - 35
World Grain - March 2014 - 36
World Grain - March 2014 - 37
World Grain - March 2014 - 38
World Grain - March 2014 - 39
World Grain - March 2014 - 40
World Grain - March 2014 - 41
World Grain - March 2014 - Feature - IAOM annual meeting
World Grain - March 2014 - 43
World Grain - March 2014 - 44
World Grain - March 2014 - 45
World Grain - March 2014 - 46
World Grain - March 2014 - 47
World Grain - March 2014 - 48
World Grain - March 2014 - 49
World Grain - March 2014 - 50
World Grain - March 2014 - 51
World Grain - March 2014 - IAOM Product Showcase
World Grain - March 2014 - 53
World Grain - March 2014 - 54
World Grain - March 2014 - 55
World Grain - March 2014 - 56
World Grain - March 2014 - 57
World Grain - March 2014 - 58
World Grain - March 2014 - 59
World Grain - March 2014 - 60
World Grain - March 2014 - 61
World Grain - March 2014 - Feature - IPPE review
World Grain - March 2014 - 63
World Grain - March 2014 - 64
World Grain - March 2014 - 65
World Grain - March 2014 - 66
World Grain - March 2014 - 67
World Grain - March 2014 - 68
World Grain - March 2014 - 69
World Grain - March 2014 - 70
World Grain - March 2014 - 71
World Grain - March 2014 - Feature - Facing logistic issues
World Grain - March 2014 - 73
World Grain - March 2014 - 74
World Grain - March 2014 - 75
World Grain - March 2014 - 76
World Grain - March 2014 - 77
World Grain - March 2014 - World Grain Weather Report - Southeast Asia drying
World Grain - March 2014 - 79
World Grain - March 2014 - 80
World Grain - March 2014 - 81
World Grain - March 2014 - Technical Profile - Ship unloading solution
World Grain - March 2014 - 83
World Grain - March 2014 - 84
World Grain - March 2014 - 85
World Grain - March 2014 - 86
World Grain - March 2014 - 87
World Grain - March 2014 - Supplier News
World Grain - March 2014 - 89
World Grain - March 2014 - 90
World Grain - March 2014 - 91
World Grain - March 2014 - 92
World Grain - March 2014 - World Grain Archive
World Grain - March 2014 - Advertiser Index/Faxback Program
World Grain - March 2014 - 95
World Grain - March 2014 - 96
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https://digital.world-grain.com/sosland/wg/world-grain-june-2022
https://digital.world-grain.com/sosland/wg/world-grain-may-2022
https://digital.world-grain.com/sosland/wg/world-grain-april-2022
https://digital.world-grain.com/sosland/wg/world-grain-march-2022
https://digital.world-grain.com/sosland/wg/world-grain-february-2022
https://digital.world-grain.com/sosland/wg/world-grain-january-2022
https://digital.world-grain.com/sosland/wg/world-grain-december-2021
https://digital.world-grain.com/sosland/wg/-world-grain-november-2021
https://digital.world-grain.com/sosland/wg/world-grain-october-2021
https://digital.world-grain.com/sosland/wg/world-grain-september-2021
https://digital.world-grain.com/sosland/wg/world-grain-august-2021
https://digital.world-grain.com/sosland/wg/world-grain-july-2021
https://digital.world-grain.com/sosland/wg/world-grain-june-2021
https://digital.world-grain.com/sosland/wg/world-grain-may-2021
https://digital.world-grain.com/sosland/wg/world-grain-april-2021
https://digital.world-grain.com/sosland/wg/world-grain-march-2021
https://digital.world-grain.com/sosland/wg/world-grain-february-2021
https://digital.world-grain.com/sosland/wg/2021_01_01
https://digital.world-grain.com/sosland/wg/2020_12_01
https://digital.world-grain.com/sosland/wg/2020_11_01
https://digital.world-grain.com/sosland/wg/2020_10_01
https://digital.world-grain.com/sosland/wg/2020_09_01
https://digital.world-grain.com/sosland/wg/2020_08_01
https://digital.world-grain.com/sosland/wg/2020_07_01
https://digital.world-grain.com/sosland/wg/2020_06_01
https://digital.world-grain.com/sosland/wg/2020_05_01
https://digital.world-grain.com/sosland/wg/2020_04_01
https://digital.world-grain.com/sosland/wg/2020_03_01
https://digital.world-grain.com/sosland/wg/2020_02_01
https://digital.world-grain.com/sosland/wg/2020_01_01
https://digital.world-grain.com/sosland/wg/2019_12_01
https://digital.world-grain.com/sosland/wg/2019_11_01
https://digital.world-grain.com/sosland/wg/2019_10_01
https://digital.world-grain.com/sosland/wg/2019_09_01
https://digital.world-grain.com/sosland/wg/2019_08_01
https://digital.world-grain.com/sosland/wg/2019_07_01
https://digital.world-grain.com/sosland/wg/2019_06_01
https://digital.world-grain.com/sosland/wg/2019_05_01
https://digital.world-grain.com/sosland/wg/2019_04_01
https://digital.world-grain.com/sosland/wg/2019_03_01
https://digital.world-grain.com/sosland/wg/2019_02_01
https://digital.world-grain.com/sosland/wg/2019_01_01
http://digital.world-grain.com/sosland/wg/2018_12_01
http://digital.world-grain.com/sosland/wg/2018_11_01
http://digital.world-grain.com/sosland/wg/2018_10_01
http://digital.world-grain.com/sosland/wg/2018_09_01
http://digital.world-grain.com/sosland/wg/2018_08_01
http://digital.world-grain.com/sosland/wg/2018_07_01
http://digital.world-grain.com/sosland/wg/2018_06_01
http://digital.world-grain.com/sosland/wg/2018_05_01
http://digital.world-grain.com/sosland/wg/2018_04_01
http://digital.world-grain.com/sosland/wg/2018_03_01
https://www.nxtbook.com/sosland/wg/2018_02_01
https://www.nxtbook.com/sosland/wg/2018_01_01
https://www.nxtbook.com/sosland/wg/2017_12_01
https://www.nxtbook.com/sosland/wg/2017_11_01
https://www.nxtbook.com/sosland/wg/2017_10_01
https://www.nxtbook.com/sosland/wg/2017_09_01
https://www.nxtbook.com/sosland/wg/2017_08_01
https://www.nxtbook.com/sosland/wg/2017_07_01
https://www.nxtbook.com/sosland/wg/2017_06_01
https://www.nxtbook.com/sosland/wg/2017_05_01
https://www.nxtbook.com/sosland/wg/2017_04_01
https://www.nxtbook.com/sosland/wg/2017_03_01
https://www.nxtbook.com/sosland/wg/2017_02_01
https://www.nxtbook.com/sosland/wg/2017_01_01
https://www.nxtbook.com/sosland/wg/2016_12_01
https://www.nxtbook.com/sosland/wg/2016_11_01
https://www.nxtbook.com/sosland/wg/2016_10_01
https://www.nxtbook.com/sosland/wg/2016_09_01
https://www.nxtbook.com/sosland/wg/2016_08_01
https://www.nxtbook.com/sosland/wg/2016_07_01
https://www.nxtbook.com/sosland/wg/2016_06_01
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http://digital.world-grain.com/sosland/wg/2007_02_01
http://digital.world-grain.com/sosland/wg/2007_01_01
http://digital.world-grain.com/sosland/wg/2006_12_01
http://digital.world-grain.com/sosland/wg/2006_11_01
http://digital.world-grain.com/sosland/wg/2006_10_01
http://digital.world-grain.com/sosland/wg/2006_09_01
http://digital.world-grain.com/sosland/wg/2006_08_01
http://digital.world-grain.com/sosland/wg/2006_07_01
http://digital.world-grain.com/sosland/wg/2006_06_01
http://digital.world-grain.com/sosland/wg/2006_05_01
http://digital.world-grain.com/sosland/wg/2006_04_01
http://digital.world-grain.com/sosland/wg/2006_03_01
http://digital.world-grain.com/sosland/wg/2006_02_01
http://digital.world-grain.com/sosland/wg/2006_01_01
http://digital.world-grain.com/sosland/wg/2005_12_01
http://digital.world-grain.com/sosland/wg/2005_11_01
http://digital.world-grain.com/sosland/wg/2005_10_01
http://digital.world-grain.com/sosland/wg/2005_09_01
http://digital.world-grain.com/sosland/wg/2005_08_01
http://digital.world-grain.com/sosland/wg/2005_07_01
http://digital.world-grain.com/sosland/wg/2005_06_01
http://digital.world-grain.com/sosland/wg/2005_05_01
http://digital.world-grain.com/sosland/wg/2005_04_01
http://digital.world-grain.com/sosland/wg/2005_03_01
http://digital.world-grain.com/sosland/wg/2005_02_01
http://digital.world-grain.com/sosland/wg/2005_01_01
http://digital.world-grain.com/sosland/wg/2004_12_01
http://digital.world-grain.com/sosland/wg/2004_11_01
http://digital.world-grain.com/sosland/wg/2004_10_02
http://digital.world-grain.com/sosland/wg/2004_10_02
http://digital.world-grain.com/sosland/wg/2004_10_01
http://digital.world-grain.com/sosland/wg/2004_09_01
http://digital.world-grain.com/sosland/wg/2004_08_01
https://www.nxtbookmedia.com