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Liquidity is low in January, but prices end the month on the rise in Brazil

Cepea, February 2, 2021 – Wheat prices were firm in the Brazilian market in January, despite the low liquidity. With the offseason and the nearness of the planning for the new season, sellers continued away from the market, expecting prices to rise, since the supply of high-quality wheat is low, favoring valuations in early 2021. As regards wheat processors, some agents were purchasing wheat sporadically, claiming difficulties to pass on the current costs to by-products, flour and bran
Fonte: CEPEA



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