Get our news on your inbox! x

Remember me Forgot password

MercoPress, en Español

Montevideo, April 25th 2024 - 11:13 UTC

Tag: wheat import Brazil

  • Friday, January 13th 2017 - 12:37 UTC

    Brazil retakes wheat imports, the highest in three years

    Conab said its higher import forecast reflected unexpectedly strong wheat volumes brought in late last year, driving total purchases for calendar 2016 to 6.87m tonnes

    Brazilian officials ditched expectations of a tumble in wheat imports to a multi-year low after a surprisingly strong finish to 2016 for buy-ins, encouraged by a recovery in the real and state purchases of domestic supplies. Conab - which a month ago slashed its forecast for Brazil's wheat imports in 2016-17 [on an August-to-July basis] to 5.10m tonnes, the lowest since at least the mid-1990s – this week revised its forecast sharply upwards, to 5.95m tonnes.