Brazil: Main grains cultivated in Santa Catarina have a price reduction

Published Jul 20, 2023

Tridge summary

The July Agricultural Bulletin presents data on the decrease in the producer price of various grains cultivated in June in Santa Catarina. Wheat, rice, beans, corn, and soybeans all experienced a decrease in value compared to the previous month. The reduction in prices can be attributed to factors such as increased supply, fluctuations in the international market, and a record harvest in Brazil.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The July Agricultural Bulletin presented data on the reduction in the producer price of the main grains cultivated in June in Santa Catarina. Wheat, rice, beans, corn and soybeans had a decrease in value compared to the previous month. Data are from the Center for Socioeconomics and Agricultural Planning (Epagri/CEPA). Check out more details about the production and market of monitored products: Between May and June, prices received by wheat producers fell 4.53%. The average monthly price of a 60 kg bag closed at R$70.12. In the annual comparison, in nominal terms, the prices received in June of this year are 32.99% below those registered in the same month of 2022. The price of a bag of wheat in the domestic market has been falling since July of last year. In the international market, prices fluctuated a lot in the period, both due to exchange rate issues and a reduction in sales in exporting countries. The war between Russia and Ukraine has generated insecurity about the ...

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