Import market for Wheat Flour in United States (6월, 2022)

The article highlights the significant rise in the price of wheat in Brazil, reaching nearly R$ 2,200 per ton due to factors such as a strong international market and the value of the dollar, which impacts import costs. Despite falling prices in the international market due to improved US crop expectations and potential record production from Russia, domestic prices continue to escalate. This situation is further aggravated by low domestic availability and high import costs. Brazil's wheat exports have reached record levels, contributing to the decrease in domestic supply, while planting areas are expanding in Rio Grande do Sul. However, wheat prices are affecting consumer goods in Brazil, with items like French bread and wheat flour experiencing significant price hikes.