The July wheat contract traded in Chicago Board of Trade (CBOT) It closed this Wednesday (13) with a moderate drop of 3.50 points and 0.52%, quoted at US$ cents 675.50/bushel. In  Kansas City Bank Exchange (KCBT)The contract expiring in the same month fell 8.75 points and 1.20%, to US$ cents 722.50/bushel. On the other hand, in the weekly comparison, the assets have accumulated broad gains of 9.13%. CBOT and 6.92% in KCBTIn this trading session, cereal prices were pressured by a Profit-taking movement, given the previous day's record high.Regarding international markets, according to information from Reutersthe Morocco Iran suspend imports of soft wheat during the months of June and July…after a large corn harvest in the 2025/26 season – expected to reach 9 million tons. Larger losses were avoided due to the impact of the new projections… United States Department of Agriculture (USDA) for the 2026/27 North American crop, released yesterday (12). According to USDAUS ending wheat stocks are expected to fall to 20.74 million tons in 2026/27, down from the 25.44 million tons projected for 2025/26. Globally, ending stocks for the 2025/26 season were estimated at 279.21 million tons, while for 2026/27… USDA The projected drop to 275.04 million tons. Furthermore, the department estimated US wheat production at only 42.49 million tons for the 2026/27 crop year. If confirmed, this would be the lowest US production in 54 years. Regarding the weather, according to the daily bulletin… USDAIn the Plains region, hot and windy weather prevails ahead of the approach of a Pacific storm system. Furthermore, the report of… USDA/NASS Agricultural Production, indicates that 32% of the US winter wheat area will not be harvested in 2026. — the second-largest dropout rate, behind 2023, since the Dust Bowl, the climate disaster in the 1930s in the US. Investors are also monitoring this. President Donald Trump's visit to China, one of the main topics of conversation between the American leader and the President Xi-Jinping it must be agricultural commodities trade.

This text was translated by machine from Brazilian Portuguese.