Uneven progress marks the marketing of wheat

The evolution of wheat marketing in the country advances at different paces among the states, marked by the combination of increasing supply from the new harvest and regional price differences. According to an assessment by TF Agroeconômica, Rio Grande do Sul already moves significant volumes, with around 30% of the estimated production between 3.4 and 3.5 million tons traded, which represents approximately 1 million tons combining domestic market and exports. The industries offered between 1060 and 1130 reais CIF, but continue to lose competitiveness to exports, which operate at 1035 reais FOB. In the physical market, prices at the mill in Panambi remain at 55 reais. In Santa Catarina, the harvest drives new offers, but the difference between sellers' and buyers' expectations keeps the pace moderate. Producers' orders reach 1200 reais per ton FOB, while purchase indications vary from 1100 to 1150 reais. A relevant part of the offers still comes from Rio Grande do Sul, around 1080 ...