Wheat harvest advances and imports remain firm
Even with a good harvest and high imports, prices remain firm in the domestic market, also supported by import parity
After reaching Cepea's nominal series record at the beginning of November (R$ 1.286,73/sc of 60 kg on the 1st), the CEPEA/ESALQ Indicator for coffee type 6 arabica, placed in the capital of São Paulo, began to record declines. Second Cepea researchers, the decline is linked to the devaluation of contracts variety futures and the depreciation of the dollar against the Real.
This Tuesday, the 9th, the CEPEA/ESALQ Arabica Indicator closed at R$ 1.258,03/sc of 60 kg, a decrease of 2,23% compared to the previous second, 1st. With Therefore, a large part of Brazilian sellers were withdrawn from the spot market, limiting the closing of new businesses.
Producers are more cautious when marketing, paying attention to prospects of a smaller harvest in 2022/23 and logistical problems faced around the world, factors that can keep commodity prices at high levels.
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Even with a good harvest and high imports, prices remain firm in the domestic market, also supported by import parity
The company is at a good moment in terms of offering new technologies for the production sector in Brazil, whether in the Highlands production system or in the Tropical or Subtropical Irrigated
There are over 300 square meters of physical structure, in a modern and fully equipped environment, to better serve the cooperative members and farmers of Vitorino and surrounding areas.