Wheat is trading in negative territory this Friday morning in the US.

At 9:55 am (Brasilia time) this Friday (22), the May wheat contract traded on Chicago Board of Trade (CBOT) The price was showing stability with a downward bias (0.25 points and -0.04%), quoted at US$ cents 647.25/bushel. Kansas City Bank Exchange (KCBT)Meanwhile, the grain was falling by the same amount, to US$ cents 686.75/bushel. On the other hand, in the partial week, futures remained without a defined direction: with a 1.81% increase in CBOT and a decrease of 0.18% in KCBT.

On the eve (21), the cereal fell 1.97% in CBOT and 1.68% in KCBT, quoted at US$647.50/bushel and US$687.00/bushel, respectively. This morning, cereal prices were pressured by… improved weather conditions in the producing regions of the United StatesAccording to analysts from Kansas State University, to the winter wheat crop areas in the state they should receive good levels of precipitation until this Saturday (23)The Kansas It is the main cereal-producing state in the United States. Heavy rains are also expected in the state of Nebraska, according to the report of US National Weather ServiceStill in the field of climate, according to Drought Monitor of U.S. Department of Agriculture (USDA)However, cereal crops registered a slight decrease of 1 percentage point, going from 71% to 70% of the areas under dry) compared to last week, but well above the 21% recorded in the same period last year. Furthermore, in Argentinathe President Javier Milei announced that will reduce export taxes on wheat from 7.5% to 5.5% starting in the month of JuneLarger losses, however, were limited by Strong international demand by North American grain. The USDA It was reported that net wheat sales for the 2025/26 crop totaled 166,300 tons in the week ending May 14. This volume was higher than the 133,000 tons recorded the previous week and 28% above the average of the last four weeks. Furthermore, the International Grains Council (IGC) revised its projections for the global wheat harvestFor the 2025/26 crop year, the IGC maintained its estimate stable at 845 million tons. For the 2026/27 season, however, the organization marginally reduced its projection, from 821 million to 820 million tons.

This text was translated by machine from Brazilian Portuguese.