The wheat market remains stable in the South of the country.

The wheat market in the South of the country presents a scenario of relative stability, with punctual negotiations and a slow pace, reflecting a moment of comfort on the industry side and balance between supply and demand. According to TF Agroeconômica, the conditions vary between the states, but converge to an environment of little urgency in purchases and maintenance of prices to the producer. In Rio Grande do Sul, negotiations are practically suspended, with the expectation of a temporary shutdown of mills for cleaning and collective vacations. It is estimated that 1.55 million tons of the new crop have already been commercialized, which represents between 42% and 44% of the production. The reference prices for milling wheat vary from R$ 1,100 to R$ 1,150 per ton at local mills, while at the port the values indicate R$ 1,180 for December and R$ 1,190 for January. Wheat destined for feed is traded at R$ 1,120 in December and R$ 1,130 in January, and the price of the stone in ...