Russia's lack of ships and Western grain traders' shrinking appetite for business with Moscow are adding to rising costs of moving Russian wheat, at a time when the war in Ukraine has spilled perilously close to vital Black Sea supply routes.President Vladimir Putin promised to replace Ukrainian grain with Russian shipments to Africa after Moscow in July ended an arrangement that gave Ukraine's
The end of a contract between a Bunge agent and a state-run port company in southern Brazil could make room for rivals interested in the public grains terminal, documents and court filings showed.The contract between Bunge port agent Litoral and the Sao Francisco do Sul port authority ended on April 11 and does not foresee an extension.Bunge declined to comment.
Brazil's Paranagua port authority said on Tuesday that landslides caused by heavy rainfall blocked road and rail access to the port, the second busiest for grain exports in the country. In a statement, the authority said other port operations are normal as ships continue to unload and load products stored at the port's warehouses.