Brazil wheat is the great exception to the country's farm success, with output set to fall and imports to rise, keeping it reliant on Argentina.
Agribusiness
Key Facts
—The exception. Wheat is the one major grain Brazil cannot supply for itself, unlike soy and corn.
—The fall. The 2026 wheat crop is set to shrink, with production forecast near seven million tonnes.
—The imports. Brazil is expected to buy close to seven million tonnes of wheat from abroad this cycle.
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