Wheat stabilizes in Brazil with prices below last year

The Brazilian wheat market closed the week with stable prices, but lower than those recorded in the same period of 2024, signaling less attractiveness to the producer. According to the International Center for Economic Analysis and Agricultural Market Studies (CEEMA), the main markets in Rio Grande do Sul maintained prices between R$ 54.00 and R$ 55.00 per bag, while in Paraná the values ranged between R$ 64.00 and R$ 66.00. A year ago, prices in Rio Grande do Sul were between R$ 65.00 and R$ 66.00 per bag, while in Paraná wheat was worth R$ 72.00, confirming a devaluation in the main producing regions. The trend of ample national supply and cheap ...