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Trading pace is slow in BR, but prices for wheat grain and byproducts remain firm

Cepea, March 8 2019 – Wheat grain and flour quotes remained firm in the Brazilian market in February, although the trading pace was slow – competition between agents usually increases in this period (offseason), since they aim to market the remaining volume of the crop. Besides, sellers are retracted and many wheat growers are focused on the soybean and corn summer crops.

 

Higher corn and soybean supply at this time of the year usually lead growers to trade part of the wheat stocked to make room at storage silos
Fonte: CEPEA



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