Wheat prices fell sharply in the US on Friday morning.

At 9:34 am (Brasilia time) this Friday (20), the May wheat contract traded on Chicago Board of Trade (CBOT) It recorded a sharp drop of 9.00 points and 1.48%, quoted at US$ cents 599.00/bushel. Kansas City Bank Exchange (KCBT)The grain fell 11.25 points and 1.79%, to US$ cents 616.00/bushel. For the week so far, futures have accumulated losses of 2.40%. CBOT and 2.22% in KCBT.

On the eve (19), the cereal rose 0.62% in CBOT and advanced 0.52% in KCBT, quoted at US$608.00/bushel and US$629.25/bushel, respectively. This morning, prices were pressured by the fall in the price of oil, which occurred after the joint statement from Great Britain, France, Germany, Netherlands and Japan who stated they were ready to assist the United States in operations in Strait of HormuzThe lower-than-projected sales of US grain also contributed to the negative outlook. According to sales records… U.S. Department of Agriculture (USDA)In the week ending March 12, the US sold 190,000 tons of wheat from the 2025/26 crop, an amount 58.2% lower than that recorded in the previous week (455,000 tons). Larger losses were limited by concerns about adverse weather conditions in the producing regions of the United States. According to… US National Weather ServiceThe risk of forest fires in the highlands of northern and central Brazil continues to grow. In addition to record heat, low humidity and insufficient rainfall are a concern for analysts. Also in the climate field, the report… Drought Monitor of USDA reported that the drought conditions in winter wheat crops they remained in 55% of the cultivated area in the last week. In the annual comparison, however, the regions affected by the drought have increased. 21 percentage points.

This text was translated by machine from Brazilian Portuguese.