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Epidemic getting worse: leading to unstable soybean export from Brazil and Argentina

Pubtime:2020-04-13Author:Source: Hits:

Epidemic getting worse: leading to unstable soybean export from Brazil and Argentina 


As COVID-19 spreads globally, the major agricultural products and beans market in the world are affected. Brazil, where the soybean output is the largest, becomes unstable in soybean export due to longer shipment arrangement term and higher strike risks caused by declined economy in South American market and the global epidemic situations.

The countermeasures adopted by the Brazil government to the COVID-19 epidemic made soybean transportation uncertain.

The Minister of Infrastructure Department of Brazil is negotiating with the Governor to avoid blocking of highway transportation and to keep ports and airports accessible. The government tries to guarantee no barriers between set by cities. However, if the truck transportation for grains is restricted, the grain trade in Brazil will be interrupted seriously when soybean export now just starts speeding up. 

It is unable to deliver fresh soybeans in time resulting in lockdown of Argentina.

Except Brazil, Argentina is the top exporter of soybean pulp and soybean oil, and the third exporter of soybeans and corns in the world. To prevent cross infection caused by gathering and movement of people and prevent spreading of COVID-19, Argentina started a nationwide lockdown, and implemented forced quarantine. They set barrier on highway to strictly check passing vehicles and forbid going out illegally.