The reason for this is the higher consumption of wheat for the production of ethanol.
During the season, wheat export will not exceed 1.5 million tonnes, which is 47% less than last year.
Import of wheat exceeded expectations and reached 1.7 million tonnes, which is one of the best indicators in history.
Domestic wheat demand will reach the record 15.69 million tonnes (+ 6%), with a record 8.11 million tonnes of wheat (+ 10%) used for bioethanol production.