Wheat, with Different Reality for Exporters and Mills

Last week, we mentioned the risk of the price of soy: a potential fall of US$ 35 from July 1 if the government did not extend the reduction of retentions with maturity to June 30. In a more rational attitude, this week the announcement was announced with the extension in the decrease of the retentions to wheat and barley until April 1, 2026. The measure aims to encourage the planting of these two winter crops, promote a better use of technology,…