Wheat prices remain steady in Rio Grande do Sul and São Paulo.

Wheat prices remain steady in Rio Grande do Sul and São Paulo. According to researchers at Cepea, prices are driven by lower inventories and the good export volumes. However, the advances are limited by the devaluation of the dollar against the Real and the contracts on the North American exchanges. As for derivatives, meal prices continue to rise, influenced by the heating of demand, especially from the livestock sector. For flour, a Cepea survey shows that prices continued to fall, pressured by lower domestic demand. On the external front, data from Secex show that, in January/26, 370.6 thousand tons of wheat were exported, with virtually all the volume coming from Rio Grande do Sul. In 12 months, shipments total 2.1 million tons, compared to 2.45 ...