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With prices at record levels, wheat area should increase in Brazil

Cepea, May 18, 2021 – Wheat prices rose sharply in the Brazilian market in the last 16 months and are currently at record levels, in nominal terms. The upward trend of wheat quotes was similar to that observed for other agricultural products, majorly those that compete for area, and in the international market too. Thus, the area allocated to wheat this year is expected to increase in southern Brazil, which produced almost 90% of all the Brazilian wheat output in 2020
Fonte: CEPEA



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