Wheat ends with strong gains in the US on Monday.

The May wheat contract traded in Chicago Board of Trade (CBOT) It closed this Monday (27) with a significant increase of 13.25 points and 2.18%, quoted at US$ cents 621.50/bushel. In Kansas City Bank Exchange (KCBT)The contract for the same month advanced 8.25 points and 1.25%, to US$ cents 667.25/bushel. In this trading session, prices for the grain and other agricultural commodities were driven by… increase in crude oil pricesafter the Stagnation of negotiations between the United States and IranFurthermore, the adverse weather conditions in wheat-producing regions of the USA They also provided support to prices. According to the climate bulletin from United States Department of Agriculture (USDA)The weekend storms caused damage due to strong winds and hail in the central and southern plains. Meanwhile, in the Great Plains, the… Dry weather continues to affect winter wheat crops. and pasturesA low air humidity the region also generates high risk of new forest firesLarger gains were limited by Weakened international demandToday, the USDA reported that the North American wheat shipments Total exports reached 365,000 tons in the week ending April 23. This volume is 29.5% lower than that recorded in the previous week (518,000 tons) and 43.8% below that observed in the same period last year (650,000 tons). Furthermore, the European Union agricultural service, MARS, raised his estimates of soft wheat productivity produced by the block. Productivity was revised to 6.05 tons per hectare, above the 5.98 t/ha projected in the previous month.

This text was translated by machine from Brazilian Portuguese.