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Freight uncertainties limit wheat negotiations

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The uncertainties related to freight values ​​in Brazil continue to limit the negotiations involving wheat and derivatives

However, as in almost all the first half of this year the marketing was heated, many buyers consulted by Cepea show without need of new acquisitions.

Overall, according to Cepea surveys, the pace of business declined sharply in the domestic market as of May, when logistical difficulties began after the truck drivers strike.

The adverse climate in Brazil and the possible reductions in production and productivity in the South may alter this scenario of low liquidity, since the need for imports must grow.

On the other hand, as the logistics of the national ports to the destination can become more expensive, the final prices of the cereal and the derivatives should also rise in the domestic market.