June 6, 2007

Brazil 2007/2008 wheat imports seen to fall by 1 million tonnes

Brazil's 2007/08 (Aug/July) wheat imports are forecast to drop by 6.67 million tonnes, from 7.93 million tonnes last year, due to an expected much bigger crop, the government said on Tuesday.

Brazil, the world's biggest wheat importer, expects to increase wheat production by 71.8 percent to 3.84 million tonnes this year. Domestic demand is about 10.5 million tonnes.