The May wheat contract traded in Chicago Board of Trade (CBOT) closed this Tuesday (7) with a slight increase of 2.75 points and 0.46%, quoted at US$ cents 598.00/bushel. However, in Kansas City Bank Exchange (KCBT)The futures contract for the same month fell 0.75 points and 0.12%, to US$ cents 607.50/bushel. In this trading session, cereal prices in Chicago were supported by Adverse weather conditions in parts of the wheat-producing regions of the United States.On the other hand, wheat prices in KCBT They were being pressured by good rains in portions of the North American plains. Analysts are still predicting more precipitation for some of the producing states, such as the state itself. KansasAccording to the climate bulletin of U.S. Department of Agriculture (USDA)The mild, dry climate in the southern half of the North American plains is causing further reductions in soil moisture in the eastern part of the region. Coloradowest and center of Kansasnorthwest of Oklahomawest of Texas and east of New MexicoOn the other hand, according to the agency, cold air and winter weather cover the states of Montana and the Dakotas, which favors wheat crops in the region. Furthermore, the USDA reported this Sunday (5), in its first crop progress report of the year, that spring wheat planting is already underway, with 2% of the area sown, below the average of 3% for this time of year. According to the agency, about 35% of winter wheat in the US The water was in good or excellent condition on Sunday, a drop from the 48% recorded during the same period of the previous year. European Uniona European Commission It was announced today that soft wheat exports since the beginning of the current season have reached 17.997 million tons, a volume 7% higher than that recorded in the same period last year. Ukrainethe Ministry of Agrarian Policy reported that the country exported 26.339 million tons of grains and legumes from the beginning of crop year 2025/26The pace is well below last year, when until April 11th, you Shipments totaled 38.823 million tons.On the radar, investors are also awaiting the release of the monthly supply and demand report (Wasdeof USDA, scheduled for Thursday (9), which may bring new drivers to the global grain market.
This text was translated by machine from Brazilian Portuguese.