Logistical challenges mark the wheat market in southern Brazil

게시됨 2024년 12월 19일

Tridge 요약

The wheat market in Rio Grande do Sul, Brazil, is focusing on standard milling wheat for exports, with negotiations happening among sellers with rail logistics or proximity to ports. Buyers are offering around R$1,300.00 for January-February shipments, but specific sales have been made at R$1,250.00 FOB for February withdrawals. In Santa Catarina, mills are struggling with narrow margins due to low milling and limited supply. In Paraná, the market is stagnating with prices stuck, and mills are prioritizing wheat stocks from Paraguay, Rio Grande do Sul, and Argentina, indicating a reduced dependence on local wheat. The regional wheat market is showing slow negotiations, pressured margins, and high sensitivity to logistical and exchange rate factors, with price adjustments and significant movements expected after the mills' recess in January.

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원본 콘텐츠

Rio Grande do Sul: Focus on Exports and Logistics The wheat market in Rio Grande do Sul has focused its attention on standard milling wheat, with a focus on exports. Negotiations are concentrated between sellers with access to rail logistics or proximity to ports. Buyer indications are around R$1,300.00, posted in Serra, for shipments scheduled between January and February, with payment in March. However, specific sales were recorded at R$1,250.00 FOB for withdrawals in February, highlighting a scenario of specific negotiations. In Santa Catarina, mills continue to supply themselves with wheat, but face narrow margins due to low milling. Despite the demand for bran, the limited supply impacts the market dynamics. Meanwhile, cooperatives continue to receive local lots, but the more competitive prices for Rio Grande do Sul CIF wheat (between R$1,220 and R$1,240, plus freight) have prevailed, in contrast to Paraná wheat, which reaches R$1,400.00, plus freight. For producers, bag ...

출처: Portal Do Agronegocio