Brazil: Agricultural bulletin records drop in the price of wheat in Santa Catarina in September

The average prices received by wheat producers in Santa Catarina closed the month of September with a drop of 39% compared to the same month in 2022. This information is in the October Agricultural Bulletin, a monthly publication from the Center for Socioeconomics and Agricultural Planning (Epagri/Cepa) which brings together current information on some of the main agricultural products in Santa Catarina. Wheat was also one of the crops most affected by the heavy rains in October, which is expected to compromise crop conditions. According to the document, the large supply of cereal on the world market has pressured prices downwards. “Russia has made wheat available in international trade at lower prices, an aspect that is already causing changes in the South American scenario”, reveals the Agricultural Bulletin. Throughout the State, until the last week of September, approximately 53.5% of the area destined for wheat planting in this harvest was in the flowering phase; 39% had ...