Brazil should maintain pace of wheat imports, says Abitrigo

Marked by numerous challenges, such as increases in cereal prices and possible crop failures due to climate change, 2024 can already be considered a challenging year for the global wheat market. In order to understand the bottlenecks and possibilities of this scenario, the Brazilian Wheat Industry Association (Abitrigo) held a webinar on the subject on the afternoon of August 27. With the theme “Wheat market scenario in Brazil and the world”, the online meeting, mediated by the Supply Director of Viterra Milling (Correcta and Moinho’s Cruzeiro do Sul), Maurício Ghiraldelli, featured presentations by the Market Analyst at Safras & Mercado, Elcio Bento, and the Director of PRTK Consultoria, Douglas Araujo. For Ghiraldelli, the event was held at a crucial time for the grain. “This is the period when harvests occur in the Northern Hemisphere, with a concentration of 85% of world production, and in the Southeast and Central-West regions of Brazil,” the director emphasized, emphasizing ...