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The line-up of vessels to load corn in Brazil's ports fell to 24 this week, down from 41 two weeks ago, as soybeans start to arrive at ports and take priority, a Sao Paulo-based brokerage said on Thursday.
The vessels will load a total of 851,900 tonnes of corn, down from 1.33 million tonnes registered previously.
In the first three months of the year Brazilian producers rushed to export corn stocks to clear silos for the new soybean crop. The move triggered big vessel queues and increased waiting time at ports.
Brazil is now harvesting both corn and soybeans. At the same time, producers are preparing to plant winter corn, known locally as the safrinha crop.
sugar vessels.
The line-up of vessels to load sugar in Brazil's ports fell to 32 from 37 a week ago, shipping agent Williams said on Thursday.
In a weekly report, Williams said three vessels were lined up in the port of Maceio and two in Recife, compared with six and four last week, respectively. In the southern port of Santos, there were 23, up from 22 last week.
Santos accounted for 79 percent of sugar tonnage being loaded in Brazilian ports, while Maceio accounted for 6 percent, Recife 10 percent, Paranagua 4 percent and Natal 1 percent.

Copyright Reuters, 2004

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