Wheat prices fluctuate according to USD/BRL rates and this is one of the reasons Brazilian inflation gets significantly affected by exchange rates -- which is e

Wheat prices fluctuate according to USD/BRL rates and this is one of the reasons Brazilian inflation gets significantly affected by exchange rates -- which is expected, considering how many basic products, like bread, depend on wheat. The prices will still fluctuate like you said, but a local production can give the country some autonomy to design policies and attenuate the impact.