Wheat prices remain firm in Brazil


Image: Pixabay


Wheat prices remain firm in Brazil, even with lower liquidity – operators consulted by Cepea point out that the low national availability of the grain affects interest in new business. Furthermore, these agents have been monitoring the development of the current season, as last weekend's frosts could affect part of the crops. However, estimates still indicate a larger harvest in Brazil and around the world.

{module Form RD}

Data released by the USDA last week even reduced the global production estimate for the 2021/22 harvest to 792.39 million tons, however, the forecast remains 2.1% higher than the 2020/21 season.

According to the Cepea bulletin, for Brazil, the USDA's expectation is that production will be 10.4% greater than that of the 2020/21 harvest, reaching 6.9 million tons. As for derivatives, negotiations are heated in the domestic wheat bran market, due to greater demand from the feed industry, which has resulted in a slight increase in prices in recent days. In the flour market, demand remains stable.

By: Aline Merladete | agrolink

Facebook
twitter
LinkedIn

Aboissa supports

Stay up to date with news
and the best opportunities in
agribusiness – sign up now!

Asia

Saudi Arabia

Bangladesh

China

singapore

South Korea

United Arab Emirates

Philippines

India

Indonesia

Iraq

Jordan

Lebanon

Malaysia

Oman

qatar

Türkiye

Vietnam

Hong Kong

America

Argentina

Bolivia

Brazil

Canada

Chile

Colombia

Ecuador

U.S

Guatemala

british virgin islands

Mexico

Nicaragua

Panama

Paraguay

Peru

Uruguay

Suriname

Venezuela

Dominican Republic

Costa Rica

Cuba

Africa

South Africa

Algeria

Cameroon

Costa do Marfim

Egypt

Liberia

Morocco

Sierra Leone

Sudan

Kenya

Tunisia

Mauricio Islands

Europe

Albania

Germany

Belgium

Bulgaria

Spain

Finland

France

England

Italy

Lithuania

Poland

Portugal

Russia

Türkiye

Serbia

Sweden

Switzerland

Ukraine

Cyprus

Estonia

Ireland

Romania

Oceania

Australia

New Zealand

Request a quote!

Fill out the form and get support for your business needs.
Our experts are ready to offer customized solutions.

*We are currently not working with intermediaries.

By providing my data, I agree with the Privacy Policy.