Image: Pixabay
The wheat harvest has advanced in Brazil and is beginning to gain pace in the South - data from Conab show that, as of September 11, 4.7% of the crop had been harvested in the country, a delay compared to the same period of the last harvest (10. 9%).
According to data from Cepea, the expectation of greater supply, in turn, drove away buyers from the national spot, who now believe in lower prices. According to information from Cepea, these agents are also aware of the fact that some producers need to “save cash”, given the proximity of funding due dates. As for grain prices, they continued to fall, although not significantly.
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By: Aline Merladete | agrolink
