Wheat prices fluctuate in the South with low demand and a high exchange rate.

Wheat prices in the futures market – transactions between companies – are following distinct paths in the two main producing states of the Southern region. According to analysis by Cepea, in Rio Grande do Sul, prices are rising, mainly driven by the appreciation of the dollar, which favors the competitiveness of the national cereal against imported ones. In Paraná, on the other hand, the scenario is one of falling quotations, a reflection of the low demand typical at the end of the year. During this period, many industries go into recess, which reduces the pace of buying and pressures prices downward. In the over-the-counter market – aimed at rural producers – prices remain stable in both states, with no major movements so far. In wheat derivatives, the highlight goes to bulk meal, whose demand has increased in recent weeks. Buyers’ interest is linked to the intention of forming stocks for the turn of the year, which has sustained the appreciation of this product. In contrast, ...