CearáPortos, which manages the Brazilian port of Pecém, has decided to create a bank of silos to meet the demand of producers and exporters of soya beans in Maranhão and Piauí. This will involve adding capacity of 80,000 tonnes. The silos, which could be in place later this year, might well be sourced from local manufacturers, but will be subjected to an open bidding process.

Inbound soya beans will be transported by trucks, which will be able to load up with fertilizer for the return journey, thereby keeping freight rates down.

Barry Cross