The May wheat contract traded in Chicago Board of Trade (CBOT) It closed this Thursday (2) with a slight increase of 0.75 points and 0.13%, quoted at US$ cents 598.25/bushel, however, with a partial decline in the week of 1.12%. In Kansas City Bank Exchange (KCBT)The grain rose 2.00 points and 0.33%, to US$ cents 615.75/bushel – but with a weekly loss of 2.69%. In this trading session, cereal prices were supported by… climate concerns in winter wheat producing regions in the United StatesDrought conditions in North American crops remain at high levels, according to data from… Drought Monitor, collected by United States Department of Agriculture (USDA) until this Tuesday (31). The winter wheat presented significant worsening, with 65% of the areas are under drought, An 8 percentage point increase in the week. The index remains well above that recorded in the same period of 2025 (37%). Also in the climate field, according to the daily climate bulletin of… USDADry and windy weather in the southern half of the Great Plains continues to raise the risk of wildfires, despite rainfall in some agricultural regions. Larger gains were limited by… Weakened international demandThe export sales figures for the week ending March 26, released today by USDA, show that the US traded 24 thousand tons of wheat from the 2025/26 crop in the period, a volume well below the market projection of between 200 and 500 thousand tons. Tomorrow (3), trading will be suspended in CBOT and in KCBT due to the Good Friday holiday. Operations will resume normally on Monday (6), when the USDA It will resume publishing its weekly bulletin with crop development and conditions updates.

This text was translated by machine from Brazilian Portuguese.