The wheat market remains slow, but prices are reacting.

According to TF Agroeconômica, wheat prices showed a slight increase in Rio Grande do Sul, hovering around R$ 1,300.00 per ton, reflecting the slow pace of negotiations for the available grain and adjustments in CEPEA quotations, which rose 0.31% the previous day. Purchases remain punctual for August and more concentrated in September. In some cases, higher quality wheat, capable of replacing Argentine wheat, reaches up to R$ 1,380.00 in the interior, but these are rare.

According to TF Agroeconômica, wheat prices showed a slight increase in Rio Grande do Sul, hovering around R$ 1,300.00 per ton, reflecting the slow pace of negotiations for the available grain and adjustments in CEPEA quotations, which rose 0.31% the previous day. Purchases continue to be punctual for August and more concentrated in September. In some cases, higher quality wheat, capable of replacing Argentine wheat, reaches up to R$ 1,380.00 in the interior, but these are rare. Most of the negotiations occur in the range of R$ 1,300.00 for good quality product with average location, with shipment in August and payment in September. Milling remains low and mills affirm that the current stock should be sufficient until the new harvest. In export, there was an offer for milling standard wheat from the 2025 crop, with delivery in December and payment in January, at R$ 1,300.00 on wheels at the port — R$ 30 more than the previous Friday. The contract provides an option to revert to ...