Tridge summary
The Brazilian wheat market is currently experiencing sporadic negotiations as farmers are primarily occupied with the summer crop harvest. Additionally, mills have an adequate supply of raw materials for the medium term, reducing the need for immediate transactions. The demand for wheat bran is also low due to the availability of corn, a key substitute in animal feed production, further contributing to the low liquidity in the wheat market.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
Negotiations involving wheat have only been taking place occasionally in the Brazilian market. According to researchers from Cepea, while farmers are focused on harvesting the summer crop, mills appear to be supplied with raw materials for the medium term. For derivatives, the demand for wheat bran is also weakened, due to the greater availability of ...
Source: Opresenterural
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