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Soy-Shipping Turmoil Deepens With Argentine Minister's Death – gCaptain


Soy-Shipping Turmoil Deepens With Argentine Minister’s Death
By Jonathan Gilbert (Bloomberg)
Argentine farmers struggling to ship their crops through increasingly shallow rivers may soon face a new obstacle: One of the world’s key soy waterways needs to be dredged, and there’s no firm plan for who will do it.
The government in agricultural powerhouse Argentina has had months even years to draft the terms of a tender to dredge the Parana River, the source of most of the world’s soy meal for livestock feed and soy oil for cooking and biofuels. But companies eying the new multiyear contract are still in the dark and, compounding the uncertainty, the man in charge of what exactly is up for grabs, ex-Transport Minister Mario Meoni, died in a car crash last week. ....

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