Wheat futures fell more than 2% in the US on Thursday.

The July wheat contract traded in Chicago Board of Trade (CBOT) It closed this Thursday (14) with a significant drop of 17.50 points and 2.59%, quoted at US$ cents 658.00/bushel, however, with a partial advance in the week of 6.30%. In Kansas City Bank Exchange (KCBT)The grain plummeted 19.50 points and 2.69%, to US$ cents 705.25/bushel – but with a weekly gain of 4.37%. In this trading session, cereal prices were pressured by a profit-taking movementconsidering the surged more than 7% on Tuesday (12), with futures hitting their upper limits.

The lack of details regarding new negotiations of agricultural commodities in summit between the leaders of the United States and China It also put pressure on prices. President Donald Trump continues on an official mission in Beijing until Friday (15). Bigger losses were avoided by adverse weather conditions in wheat-producing regions of the USA as well as by Strong international demand for US grain.According to Drought Monitor, released by United States Department of Agriculture (USDA)both spring wheat (20% of the area is experiencing drought) how much winter wheat (71%) registered increased drought affecting cropsStill on the subject of climate, in the Plains, the dry climate is contributing to an increase in risk of forest fires, according to the climate bulletin of USDARegarding exports, according to the USDAThe United States recorded net sales of 133,000 tons of wheat from the 2025/26 crop in the week ending May 7. This performance was within market projections of 50,000 to 150,000 tons. In the international market, the Buenos Aires Grain Exchange (BCBA) The company released its first projection for the 2026/27 wheat crop, estimating production at 21.3 million tons. This volume would represent a 23.4% decrease compared to the current season's harvest.

This text was translated by machine from Brazilian Portuguese.