Cepea, July 2, 2020 – The high price levels for wheat in the Brazilian market influenced two important changes in the productive chain in June. The federal government approved an additional quota of 450 thousand tons of wheat imports that can be exempted from the Common External Tariff (TEC) to non-Mercosur countries. Low inventories in Mercosur and the harvesting advance in the Northern Hemisphere influenced this scenario too
Fonte: CEPEA
Area should be larger in BR; government reduces tariff on wheat imports to zero
Anterior:Liquidity decreases in the 2nd half of June, and Index ends the month stable
Próxima:Prices drop in the 2nd fortnight of June, but averages are still higher than in late May
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