The partner of MB Agro Alexandre Mendonça de Barros estimates that imports of wheat in Brazil in 2018 will be closer to 7 million tons than the possible 6 million tons that were fished by the sector. “We will suffer from excessive rainfall in the southern region due to the effects of the El Niño phenomenon”, said the expert at the 25th International Wheat Industry Congress in Foz do Iguaçu, PR. The need to buy the cereal in the foreign market to make up the country’s supply is also due to the crop failure of Paraná, whose crops were harmed by delayed planting and drought for long periods during the development of crops. Overall, Barros recalls that there was loss in several producing countries, such as Australia and Russia. The Russians lost 16% to 20% of the estimated production initially. In this context, even with the wide production of Argentina, the expectation is of continuity in the high price levels for the cereal.
Src .: Canal Rural