Imported wheat has the lowest price in almost 5 years and is putting pressure on the national market.

Brazil imported the largest volume of wheat in September since 2007, with an average price of US$ 230.09 per ton — the lowest since 2020. The competitiveness of foreign grain has pressured the domestic market and stalled negotiations with the national product. Data from the Secretariat of Foreign Trade (Secex), analyzed by the Center for Advanced Studies in Applied Economics (Cepea), show that the wheat imported by Brazil in September had an average price of US$ 230.09 per ton — equivalent to R$ 1,235.12/t, based on the average exchange rate of R$ 5.368. This value is the lowest recorded since November 2020, reflecting the increased competitiveness of international cereal. In the same period, wheat traded in the Rio Grande do Sul market registered an average of R$ 1,259.39/t, exceeding the value of the imported ton. The difference, although not significant in nominal terms, represents a warning for the national production sector, which faces difficulties in competing with the ...