Record wheat harvest is almost complete in Brazil

Despite greater domestic availability, prices remain firm in the Brazilian market

30.11.2021 | 14:01 (UTC -3)
Cepea
Despite greater domestic availability, prices remain firm in the Brazilian market. - Photo: Wenderson Araujo/CNA
Despite greater domestic availability, prices remain firm in the Brazilian market. - Photo: Wenderson Araujo/CNA

The harvest of a record wheat crop is practically completed in Brazil. According to Cepea researchers, despite the greater availability internally, prices remain firm in the Brazilian market, supported by high external values, due to the lower global supply and the parity of import.

As for derivatives, wheat bran prices are falling, pressured by lower demand – these agents, in the composition of animal feed, have replaced bran with wheat (with the worsening quality of wheat in the Paraná) and soybean hulls. In the case of flour, the values ​​of the majority continued to rise.

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