Wheat ends flat on the CBOT this Friday.

The May wheat contract traded in Chicago Board of Trade (CBOT) It closed this Friday (27) in complete stability, quoted at US$ cents 605.00/bushel, with an accumulated gain in the weekly cut of 1.64%. In Kansas City Bank Exchange (KCBT)The grain rose 6.00 points and 0.96%, to US$ cents 632.75/bushel – with a weekly gain of 4.37%. In this trading session, domestic prices were supported by adverse weather conditions in the producing regions of the United States. According to the weather bulletin from U.S. Department of Agriculture (USDA)In the plains, the predominantly dry weather with strong gusts of wind considerably reduced the availability of moisture in the topsoil for pastures and crops. winter wheatRegarding the drought in the region, the report Drought Monitor of U.S. Department of Agriculture (USDA)The report, released yesterday, stated that the drought conditions in winter wheat crops increased to 57% of the cultivated area Last week saw an increase of 2 percentage points. Compared to the same period last year, the regions affected by the drought have increased. 19 percentage pointsLarger gains were prevented by uncertainties regarding… to the geopolitical developments in the war between the United States and Iran.On the radar, investors are awaiting the release of the estimates of planted area in the USA, scheduled for next Tuesday (31) by USDAwhich should bring new directions to the grain market.

This text was translated by machine from Brazilian Portuguese.