Progress in sowing and projections of a larger harvest put pressure on wheat prices

Cepea surveys show that wheat prices fell last week.

According to the Research Center, the pressure comes from the advance of sowing in Brazil, from data indicating a larger harvest and higher productivity and from the good conditions of the crops so far.

Mills that are active in the market seek to negotiate at lower prices, finding sellers with a certain need for immediate sales and, therefore, more flexible.

According to Conab data, wheat production is expected to total 8.255 million tons in the 2025/26 harvest, an increase of 4.6% over the volume of the previous season, reflecting the estimated increase in productivity of 18.6%.