Wheat market maintains stability in global prices

The international wheat market is experiencing a period of relative stability, marked by punctual adjustments in prices and a slow pace of negotiations. According to information from TF Agroeconômica, the quotes reflect a scenario of intense competition between origins, with relevant differences between official prices and market values. In the global market, American hard wheat is traded at US$ 241 per ton, while U.S. soft wheat is at US$ 228. Argentine wheat is at US$ 212, French wheat at US$ 229, and Russian wheat around US$ 225. Data from Buenos Aires brokers indicate that Argentine wheat with 11.5% protein, with shipment linked to the official price used for tax purposes, rose to US$ 228 per ton, while the market price fell to US$ 206. American hard wheat showed a decrease to US$ 241, soft wheat fell to US$ 228, and French wheat maintained levels close to US$ 228. Russian wheat is offered at around US$ 225 FOB in the Black Sea and US$ 255 in Kaliningrad. Ukrainian 11.5% wheat ...