# Brazil’s Wheat Millers Opt for Quality

> US wheat exports to Brazil have grown despite higher sourcing costs, as the ocean freight differential between Argentine and US Gulf wheat is at a multi-year high. High-quality US Gulf wheat trades at a premium to Argentine port prices.

- Date: 2017-07-04 · published 2017-07-04T12:00:00.000Z
- Category: trade · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/70179-brazil-s-wheat-millers-opt-for-quality
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Wider freight differentials favor Argentine wheat for Brazilian buyers, which could redirect some US wheat export demand and affect feed wheat competitiveness.

## Read by commodity

- WHEAT: neutral
- OCEANFRT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2019-03-07 | [U.S. Wheat Farmers See Opportunity for Growth in Southeast Asia Markets - U.S. Wheat Associates](https://feedsoft.ai/events/60146-u-s-wheat-farmers-see-opportunity-for-growth-in-southeast-asia-markets-u-s.md) | -0.0% | -1.3% |
| WHEAT | 2018-04-19 | [Strategy Grains again lowers export estimate for wheat](https://feedsoft.ai/events/65480-strategy-grains-again-lowers-export-estimate-for-wheat.md) | +0.3% | -1.2% |
| WHEAT | 2025-01-22 | [Asian buyers flock to market for feed wheat, prices to see limited downside](https://feedsoft.ai/events/26563-asian-buyers-flock-to-market-for-feed-wheat-prices-to-see-limited-downside.md) | +3.1% | +5.1% |
| WHEAT | 2026-09-02 | [$1.5 b wheat export opportunity for India, says Assocham study - The HinduBusinessLine](https://feedsoft.ai/events/17445-1-5-b-wheat-export-opportunity-for-india-says-assocham-study-the.md) | +1.0% | +0.0% |
| WHEAT | 2017-03-24 | [USDA exports – Corn, soybean, wheat sales up for the week](https://feedsoft.ai/events/71846-usda-exports-corn-soybean-wheat-sales-up-for-the-week.md) | +2.3% | +1.5% |

## Sources

- gro-intelligence.com: https://www.gro-intelligence.com/insights/brazil-us-wheat-exports

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.