Brazil to boost wheat imports to 7 mln tons

(Conab) reported a 19.9% reduction in Brazil’s wheat planting area for 2025, with output expected to drop 4.5% to 7.536 million tonnes. Nelson Montagna, president of São Paulo’s Wheat Sector Chamber, and Douglas Araújo, a wheat trader at CJ International Brasil, both forecast imports at 7 million tonnes. Argentina is likely to increase its market share, with an expected harvest of 20 million tonnes at competitive prices, limiting other exporters’ participation. Analyst Luiz Carlos Pacheco from TF Consultoria Agroeconômica predicts 6.7 million tonnes, noting that the reduced planting area is a key driver. “Even if production hasn’t dropped significantly yet, the shrinking area signals tighter supply risks next year,” said Paloma Venturelli, president of Paraná-based Moinho Globo. Falling prices are discouraging farmers: Cepea/Esalq data shows bread-quality wheat prices in Paraná dropped 8.8% in September to R$1,284.38 per tonne, while soft wheat in Rio Grande do Sul fell 4.4% to ...