Joel Schettler 2015-11-11 21:18:24
With the opening of the Maranhão Grains Terminal (Tegram) at the port complex of São Luis, Brazil, CHS is able to move products out of the region more efficiently and economically.
In March 2015, the Tegram terminal sent its first soybean cargo to China in a ship contracted by CHS. By operating in the northern Brazilian port, CHS has opened a grains shipment channel for the world’s No. 2 soybean producer.
The Tegram location avoids logistical bottlenecks known to occur in southern Brazil. It operates in a region closer to the country’s main west-central grain belt and the Panama Canal, making it a key location for shipping grains. CHS owns 25 percent of TCN, which manages the terminal.
“In addition to being the first contract of this nature, it is a landmark for CHS to partially own a port terminal where we can make decisions,” says Ignacio Bosch, president, CHS South America. “With Tegram, CHS is increasing its competitive advantage and positioning itself for the future.”
In 2015, Tegram is expected to export 3 million tons of grains, (2.1 million tons of soybeans and 900,000 tons of corn). Brazil is expected to ship 46.8 million tons of soybeans abroad in the 2014-15 crop year, mostly to China, according to government figures.
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