Grain market starts Friday in decline

Grain markets started this Friday (10) with a downward movement in major international exchanges, influenced by the strength of the dollar and the global macroeconomic scenario. According to TF Agroeconômica, the trend of the day is caution, with investors attentive to the situation of wheat, soybeans, and corn amid the U.S. government shutdown, which suspended the release of the WASDE report from the United States Department of Agriculture (USDA). In wheat, the December/25 contracts in Chicago fell to US$ 505.50 per bushel, pressured by the appreciation of the dollar. In Brazil, regional prices diverge: Cepea points to R$ 1,242.83/ton in Paraná (+0.71%) and R$ 1,186.12/ton in Rio Grande do Sul (-0.24%). There are rumors that Conab is studying to launch a PEPRO aimed at cooperatives and producers in RS, focusing on serving up to 200 thousand tons destined for the North and Northeast, which could require around R$ 75 million in resources. The proposal seeks to balance ...