Monday, May 04, 2015

Wheat flour

The recent high of the dollar, along with the fact that half the flour consumed in Brazil be imported, created an illusion that this was the primary factor for adjustment of 8% in the average price of products such as noodles, biscuit, industrialized breads and cakes. According to the Department of Rural Economy, in Paraná, one of the main producers of wheat in the country, in March, the price fell 26%. In addition, the fall in the price of wheat to 30% in international markets offset part of the loss with the high of about 40% of the dollar in the first quarter of 2015, compared to last year. Influential factors over the Rotating News Portal showed with market sources the real factors for the remittance industry. The information that the energy adjustments, fuel and freight were far more decisive factors to the dollar. Energy in São Paulo and some other markets, rose more than 50%. The fuel had average R $ 0.15 increase in the price of diesel. And, finally, estimate that the sector entities suffered 20% enhancement shipping earlier this year. Not to mention the additional cost to companies with the disputes, which were on average 8% above inflation. Future adjustments Some readjustments should still happen in the coming months. With the off-season, the estimated market prices for the new crop 2015/2016. According to the Minister of agriculture, Kátia Abreu, the minimum price of wheat will rise 4.5% in Brazil. Nevertheless, the Government of Paraná, which should be the primary producer of the new crop, no projects a slowdown. On the contrary, the harvest must be record and, with that, prices tend to fall back. The forecast is to produce 4 million tons. It is worth noting that, according to Abimap, the Brazil consumed 10 million tons of wheat in 2014, being half and half imported produced in the country.
Giro News - 30/04/2015
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