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Wheat sowing begins in Brazil’s Paraná state, but business is slow

RIO DE JANEIRO, BRAZIL - The negotiations involving wheat are slow in Brazil, limited by high prices.

According to researchers at Cepea, while producers are capitalized, mills indicate to be well-supplied.

The lower demand for derivatives is also a factor that reinforces the low liquidity. In the field, the sowing of the new wheat crop has started in a few areas of Paraná.

In general, activities are still slow due to low rainfall. For this week, agents consulted by Cepea believe that sowing will gain some pace, based on occasional rains last weekend.

It is noteworthy that part of the . . .

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