The harvesting of wheat is stepping up in Paraná and Rio Grande do Sul, the major wheat-producing states in Brazil. Prices are at one of the highest levels in history. Data from the Rural Economy Department (Deral) indicate that the harvesting activity reached 79% in Parana. Activities are speeding up in comparison to last year, when 76% of the harvest was completed. The harvesting of wheat crops is forecast at 3,3 million tons and may come to be one of the five largest ever recorded in the state, also the prices keep rising. The price of wheat has reached R$ 1,255 thousand per ton, the highest price since the beginning of the harvest on Sept. 01. According to Conab, in Rio Grande do Sul, wheat production should reach 2.5 million tons, 12% above the previous one. Besides, the product reached its highest price in the state since the beginning of the harvest, R$ 1,669 thousand per ton. The government has already announced that it intends to promote the import of wheat mainly on account of high prices.
Source: Canal Rural