Cepea, September 2nd, 2021 – Despite the low wheat supply and high demand for wheat bran in the Brazilian market, wheat prices began to fade in late August. Pressure came from the nearness of the harvesting in Brazil – activities are expected to begin in September.
Thus, agents from mills opted for waiting for the new crop to arrive at the national spot market in order to resume closing deals for higher volumes
Fonte: CEPEA
