Thursday, March 18, 2010

Breaking News-RTRS-Small delays for ships loading Brazil soy - ports

SAO PAULO, March 16 (Reuters) - Ships waiting to load soy in Brazil, the world's No. 2 producer, are experiencing slight congestion at ports due to bad weather, port sources said on Tuesday, but delays were minor compared with peak harvest time last year.
Traders in soy futures traded on the Chicago Board of Trade had cited delays in Brazil as one of the factors causing prices for the oil seed to firm and last week had talked of delays extending for 14 to 16 days.