Brazil Truck Strike Sparks Soybean Rally - Your World in Agriculture
Mike McGinnis and Luis Vieira discuss the ramifications of the Brazilian trucker's strike on the soybean harvest in that country. âTransportation companies and independent truckers park rigs in 11 states âHigh Fuel Prices, Low Freight Rates cause strike âEach state sets its own circulation tax (including diesel fuel) âMato Grosso BR-163. Over 70% of the stateâs grain is transported on this highway. âA continued strike will impact Brazilâs soybean harvest pace and the soybean market. âBrazilâs soybean harvest is 18% completed.