Exports boost Brazil's wheat market

게시됨 2024년 12월 18일

Tridge 요약

The Brazilian wheat market is experiencing a boost in exports, especially in Rio Grande do Sul, with shipments expected in February. The local market is moving more slowly. The favorable exchange rate is a key factor in the increased exports. Standard milling wheat is priced between R$1,370.00 and R$1,400.00 for delivery between January and February, depending on payment terms. The arrival of 60 thousand tons of Argentine wheat in Rio Grande do Sul has helped meet demand. However, the market in Paraná is facing challenges in passing on the high costs of raw materials for flours, and are waiting for a larger supply of wheat in January and February to increase stocks.

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원본 콘텐츠

The wheat market in Brazil is showing a scenario of buoyant exports, especially in Rio Grande do Sul, where foreign sales are gaining momentum with shipments scheduled for February, while the local market continues at a slower pace. According to TF Agroeconômica, prices for standard milling wheat in the state are reaching R$1,300.00 per ton in Serra Gaúcha, with payment scheduled for March. In negotiations closer to the mills, prices were recorded at around R$1,250.00 FOB, with withdrawal scheduled for February. In the bleaching wheat segment, sellers are asking for at least R$1,550.00 FOB. The favorable exchange rate has been one of the main drivers of wheat exports, resulting in significant volumes traded. Milling wheat, intended for milling, was quoted between R$1,370.00 and R$1,400.00 for delivery between January and February, depending on payment conditions. Wheat for feed was negotiated for R$1,320.00, with settlement scheduled for the end of February. In addition, the ...

출처: Portal Do Agronegocio