Analysis

Wheat Flour is Getting Expensive in Brazil

Wheat Flour
Brazil
Rimelda Rinaldi
Published Dec 6, 2021
After being relatively weak at the beginning of the year, wheat flour managed to increase by +8.16% YoY in the Brazilian wholesale market (Ponta Grossa, Parana). Now wheat flour is priced at 0.47 USD/KG in November 2021 which previously was only worth 0.44 USD/KG last year. Brazil's dependence on Argentina is lessened considering that Brazil is also chosen to stop buying if CTNBio approves GMO wheat from Argentina.

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