PORT OF PARANAGUA, BRAZIL — The Port of Paranaguá exported the most corn and soybeans of any Brazilian port through July, according to data from the Ministry of Development, Industry and Trade.
In total, Brazil exported through July, 51.6 million tonnes of grain. The Port of Paranaguá exported 11.5 million tonnes of the total, according to data from the Ministry. Compared to the same period of 2013, the participation of Paranagua in Brazil's grain exports rose by 9.5%.
Through July, Paranaguá exported 3.2 million tonnes of soybean meal. The Port of Santos, who ranks second, exported just over 2 million tonnes of product.
The same was observed with corn. Although exports of the product are still well below the totals in the same period of 2013, through July of this year the Port of Paranaguá exported 1.4 million tonnes of product. Santos exported 1.3 million tonnes.
In soybean exports, Paranagua still ranks as the second largest export port of Brazil. Exports totaled 6.7 million tonnes in the period, representing an increase of 36.7% compared with 2013.
The increase in grain exports is directly linked to logistical improvements implemented in the port. The readjustment of the Cargo Online system, which sorts incoming trucks, ended queues and allowed access to the port.
Since Russia’s invasion of Ukraine in February, the world’s wheat supply has been thrown into question, with poorer nations facing scarcity and a potential food crisis, according to the United Nations.
Following are countries among the world’s least developed that are the most dependent on Russia and Ukraine for their annual wheat supply (2020), according to the UN Conference on Trade and Development. Nations in Africa import 44% of their wheat from Russia and Ukraine, according to the UN.
In marketing year 2022-23, the world is projected by the US Department of Agriculture (USDA) to produce 779.03 million tonnes of wheat and provide 204.89 million tonnes for export.
These are the eight major wheat importing nations/regions as listed in the monthly USDA World Agricultural Supply and Demand Estimates (WASDE) report and their annual tonnes with production.
Russia’s invasion of Ukraine in February and the persistent La Niña climate phenomenon have combined to create some of the most volatile market conditions in recent memory, sending prices skyrocketing as nations that depend on wheat to feed their populations scramble to secure supplies.
Each month, the WASDE releases new projections to reflect the most recent global market and production conditions, and this slideshow will be updated with those changes.