Brazilian soy and wheat prices rise as farmers reject state intervention

Soybean prices in Brazil's Paraná state increased by 1.62% on Wednesday, with the 60‑kg sack trading at R$132.04, while the coastal city of Paranaguá saw a smaller rise to R$139.71. Wheat prices fell in Paraná to R$1,364.03 per ton but rose in Rio Grande do Sul to R$1,324.01 per ton.

A survey of 1,000 producers in the Central‑West and Northern agricultural frontier showed that 83.5% identify as right‑ or centre‑leaning and view government interference negatively: 55.9% say the state intervenes too much in people's lives, and 64.3% believe regulation harms business. Respondents consider the United States a more reliable trade partner than China, with 21.8% rating the U.S. as “very reliable” versus 12.6% for China. The study notes that the political stance of these producers, who represent about 15% of Brazil’s electorate, can limit the federal government’s foreign‑policy options.