A cargo has
two journeys.

1. 01 / Macro

   Local & global macro funds

   • BRL and the trade balance. Compare reported shipment pace with the trade calendar to update export receipt and trade surplus scenarios. Use those scenarios as inputs to a BRL flow view.
   • Cross-market scenarios. Stress-test how export delays or port queues could affect physical premiums and relevant contracts on CBOT, ICE or SGX.
   • Inflation inputs. Track freight and agricultural derivatives as candidate leading indicators for selected IPCA components.

2. 02 / Systematic

   Quantitative funds & CTAs

   • Basis momentum. Ingest timestamped FOB basis snapshots via API and test whether changes in the forward curve add information to a systematic strategy.
   • Regime filters. Use regime labels as candidate inputs to exposure and volatility controls. Test whether they add value against the desk’s baseline.
   • Point-in-time testing. Join dated releases using the publication timestamp available at each decision time. The current history endpoint provides two sample cutoffs, 31 March and 30 April 2024.

3. 03 / Physical

   Commodity merchants & trading desks

   • Demurrage exposure. Use corridor saturation and vessel waiting-time indicators to review berth availability and compare loading windows.
   • Corridor spreads. Compare Santos and Arco Norte premiums on matched delivery terms, then account for inland freight and timing.
   • Farmer selling. Investigate where storage pressure could accelerate producer sales by comparing logistics signals with independent stock and local bid data.

4. 04 / Equities

   Equity long/short managers

   • Rail and pricing power. Combine corridor signals with reported volumes and route distances to test tonne-kilometre (TKU) and tariff scenarios for operators such as Rumo (RAIL3).
   • Operating assumptions. Use logistics signals alongside company disclosures when reviewing shipment or operating assumptions for SLC Agrícola, Raízen and Vale.

5. 05 / Credit

   Private credit & FIAGROs

   • Cash conversion. Review how slower throughput could affect inventory turnover, collections and liquidity at cooperatives and distributors that back agribusiness receivables certificates (CRAs).
   • Inventory-backed collateral. Use physical-balance evidence to prioritise stock inspections and compare pledged quantities with independent inventory records.

Field plates / Illustrative data

Four ways to read the signal.

{
  "commodity": "SOYBEANS",
  "market_regime": "ELEVATED_LOGISTIC_PRESSURE",
  "corridors": [
    {
      "corridor_id": "SANTOS",
      "saturation_probability": 0.62,
      "freight_pressure_index": 74
    }
  ]
}