Brazil buys more HRW wheat from the USA; imports in the year exceed 400 thousand tons, says USDA

Published 2020년 8월 6일

Tridge summary

Brazil has made a purchase of 63,500 tons of red winter durum wheat from the United States, marking the second-largest acquisition of U.S. wheat by Brazil in 2020. This brings the total U.S. cereal purchases by Brazil to 419,800 tons for the year. Brazil is projected to import a record 7.3 million tonnes of wheat due to steady consumption of cereal derivatives during the pandemic. The country has already imported around 3.5 million tons in the first half of the year, primarily from Argentina. The U.S. is in second place as a supplier, with 172 thousand tons, followed by Paraguay and Uruguay. Russia is expected to also export wheat to Brazil this year, taking advantage of the quota for importing wheat from outside Mercosur without a Common External Tariff until November.

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Original content

Importers from Brazil last week purchased 63,500 tons of red winter durum wheat from the United States, bringing total purchases of US cereal this year to 419,800 tons, according to data from the U.S. Department of Agriculture ( USDA). The deal confirmed in a report released by the government agency on Thursday is Brazil's second-largest U.S. wheat acquisition in 2020, just below a purchase of 69,000 tonnes of the variety - known by the English acronym HRW - on end of April. In the previous week, Brazil had also purchased 62.1 thousand tons of the product from the USA, as the North Americans are benefiting from quotas without tariff this year. In addition, 33.6 thousand tons of soft red winter wheat (SRW) were purchased at the beginning of the year, which contributes to the total movements of North American wheat in 2020 to reach 453.4 thousand tons. . The National Supply Company (Conab) estimates that Brazil will import a record 7.3 million tonnes of wheat this year from all ...

Source: NoticiasAgricolas