Thursday, January 8, 2009

Breaking News-RTRS-Low river levels hamper Argentine grain shipments

BUENOS AIRES, Jan 6 (Reuters) - Unusually low water levels along Argentina's crucial shipping artery, the Parana River, have forced vessels to load grains and soy only partially, generating millions of dollars in shipping losses.
A drought in northern Argentina has drained the Parana to worrying levels this month, experts said on Tuesday. The country's biggest grains ports are located along the waterway.