Posted on June 29, 2022

Inland freight rates for transporting corn from the state of Mato Grosso in Brazil — the country’s largest producer and exporter — to ports have surged.

In Brazil most grains and oilseeds are transported by road freight for both domestic consumption and exports.

The average freight rate for transporting corn in the first half of June increaded by about 7 percent compared with a year ago.

As second-corn crop harvest gathers pace now, consumers are also likely to be burdened with high logistics costs.

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