High yield and import move wheat prices in the South

The pace of the wheat market in the South maintained moderate variations amid the advance of the harvest and the increased presence of regional and imported product. According to data from TF Agroeconômica, negotiations in Rio Grande do Sul followed a more measured pace, with buyers acting punctually and prices practically stable throughout the day. Milling standard lots reached up to 1155 reais per ton at the port for December, while feed wheat stood at 1120. In the interior, values oscillated from 1000 to 1030 depending on freight, with mills between 1060 in the middle of the state and 1150 in the Serra for January. Producers maintained stone references in Panambi at 55 reais. In Santa Catarina, the ongoing harvest opened space for greater supply, but there is still a gap between the intentions of sellers and buyers. Interested parties defend values close to 1200 reais per ton FOB, while purchase indications are between 1100 and 1150. A relevant part of the offers continues to ...