Wheat sowing advances and sales intention increases

As for flour, sales remain slow at the beginning of the month, which may be linked, according to agents, to school holidays

09.07.2019 | 20:59 (UTC -3)
CEPEA

Wheat sowing activities are advancing in Brazil, while producers increase their intention to negotiate the remaining grain at the beginning of July, according to Cepea researchers. As for flour, sales remain slow at the beginning of the month, which may be linked, according to agents, to the school holidays. Given this, it is possible that volumes traded in July will be slightly lower than in previous months. In the wheat bran segment, there were new advances in prices, as demand continues to be strong and supply is limited.  

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