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Despite weather problems, new estimates indicate record crop

Cepea, July 16, 2021 – Players surveyed by Cepea say that frosts in Brazil in early July did not affect most part of wheat crops significantly, given that they were at the initial developing stage. Because of that and due to the advance of planting activities, new official data reinforce expectations of higher area and record crop in Brazil. The advance in the planting, in turn, is related to high wheat prices, mainly between the fourth quarter of 2019 and the second quarter of 2020, which attracted players to the activity
Fonte: CEPEA



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