Businesses involving wheat are occasional in Brazil

Wheat

Brazil

Market & Price Trends

Published Feb 20, 2024

Tridge summary

The Brazilian wheat market is currently experiencing sporadic negotiations as farmers are primarily occupied with the summer crop harvest. Additionally, mills have an adequate supply of raw materials for the medium term, reducing the need for immediate transactions. The demand for wheat bran is also low due to the availability of corn, a key substitute in animal feed production, further contributing to the low liquidity in the wheat market.

Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

Negotiations involving wheat have only been taking place occasionally in the Brazilian market. According to researchers from Cepea, while farmers are focused on harvesting the summer crop, mills appear to be supplied with raw materials for the medium term. For derivatives, the demand for wheat bran is also weakened, due to the greater availability of ...

Source: Opresenterural

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