Analysis: Brazil expects to reduce its dependence on Argentine wheat soon

With a harvest officially projected at a record 9.03 million tons, self-sufficiency could be a reality within the next five years in Brazil.

RIO DE JANEIRO, BRAZIL "Who would say that Brazil is achieving self-sufficiency in wheat? In 10 years, we will be exporting the equivalent of what we consume," Brazilian President Jair Bolsonaro predicted during a tour of Mato Grosso do Sul at the end of June.

A few days later, the National Supply Company (Conab), under the Brazilian Ministry of Agriculture, ratified the expectation of a record crop of the fine grain in the current . . .

To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed?