Brazil imported 1.8% more wheat in October

Brazil imported 517,48 thousand tons of wheat in October, with a disbursement of US$ 143.52 million, according to data from Agrostat – the Brazilian agribusiness foreign trade statistics system. Of the total volume, 474.8 thousand tons were of Argentine cereal. Most of this volume refers to contracts closed in the first months of the year, with shipments scheduled to take place during the national off-season, according to operators that work with cereal imports. From January to October, the mills bought 5.399 million tons of wheat (Photo: Disclosure) In comparison with the amount purchased by the country in the same month last year, of 508.57 thousand tons, the volume was 1.8% higher. The amount disbursed with cereal purchases was 24% higher than the US$ 143.52 million spent in October last year. The average price of imported wheat increased 22%, from US$ 228.09 a ton in October 2020 to US$ 277.35 a ton last month - numbers that reflect the appreciation of the dollar against the ...