Wheat prices continue to fall on the domestic market. According to information from Cepea, the pressure comes from the continuous devaluation of the dollar, which puts pressure on import parity.
Between March 28th and April 4th, the dollar fell 3,3% against the Real, closing at R$ 4,612 on Monday the 4th. Producers, in fact, became further away from the national spot market, starting to focus on the cultivation of new season and, in some cases, in the sale of summer harvest products, a scenario that reduced liquidity.
Last week, flour prices continued to rise, due to the high cost of raw materials and the fact that some mills had already signaled a forecast of new positive adjustments in April.
In the case of bran, passing on costs and doing business is more difficult, as there are lower-priced substitutes available for animal feed.
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