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
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.