Brazil could produce 4 million tons more soybean meal if biodiesel blending resumes in 2023
Biodiesel production stimulates the processing of soybeans as the oilseed is its main raw material and adds high value to the production chain.
The wheat harvest in Brazil continues to advance and now exceeds 70% of the area allocated to the cereal, with emphasis on Paraná, one of the main producing states, and where field work is in the final stretch.
Cepea researchers emphasize, however, that divergences between the quality of wheat from the Southern states available on the spot have resulted in a drop in values for the producer and an increase in the wholesale market.
In general, liquidity is greater in Rio Grande do Sul, which has been offering better quality wheat this season. Cepea employees also reported that wheat from Paraguay is arriving in Paraná.
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