The world needs sugar from top producer Brazil more than ever to help ease global shortages. Congestion at key ports means the country can’t ship it fast enough.
More than a decade after port logjams plagued Latin America’s biggest economy — sending sugar prices rallying — logistics are being stretched to their maximum again. Approximately 70 vessels are waiting some 20 days to load over 3 million tons of sugar in the country. That’s equivalent to a month of exports.