Wheat prices fell on Friday morning.

At 9:30 am (Brasilia time) this Friday (10), the May wheat contract traded on Chicago Board of Trade (CBOT) It was registering a moderate drop of 5.00 points and 0.87%, quoted at US$ cents 569.50/bushel. Kansas City Bank Exchange (KCBT)The grain fell 3.00 points and 0.51%, to US$ cents 587.50/bushel. For the week so far, futures have accumulated gains of 4.89%. CBOT and 4.59% in KCBT.

On the eve (9), the cereal fell 0.99% in CBOT and 0.80% in KCBT, quoted at US$ 574.50/bushel and US$ 590.50 cents/bushel, respectively. This morning, cereal prices were pressured by projections of ample global wheat supply from the report. Wasde of U.S. Department of Agriculture (USDA), announced yesterday. The department raised its global wheat stock projection remaining at the end of the 2025/26 marketing year is projected to reach 283.12 million tons, compared to 276.96 million previously and above market expectations, given larger harvests in Russia and the European Union. In turn, the international demand limited further losses. According to USDASales up to April 2nd totaled 164,000 tons, above the projection of 150,000 tons. In the climate field, the report… Drought Monitor of USDA reported a worsening in Drought areas in US farmlandswhere 68% of the winter wheat area is affected by weather conditions, up from 65% last week.

This text was translated by machine from Brazilian Portuguese.