Wheat ends higher in the US on Monday.

The July wheat contract traded in Chicago Board of Trade (CBOT) It closed this Monday (8) with a moderate increase of 3.25 points and 0.56%, quoted at US$ cents 583.25/bushel. In  Kansas City Bank Exchange (KCBT)The futures contract closed with an advance of 9.00 points and 1.45%, at US$ cents 629.75/bushel. In this trading session, cereal prices were supported by… International demand within market expectations.as well as by adverse weather conditions in the wheat-producing regions of the United States. Earlier, the U.S. Department of Agriculture (USDA) The US released wheat shipment data for the week ending June 4th. The US shipped 320,000 tons of wheat during that period, a volume within analysts' projections of between 250,000 and 450,000 tons. According to the climate bulletin… USDAIn the Plains region, storms and hail struck the states of Montana and of DakotasFurthermore, agricultural regions of Kansas Flooding occurred due to heavy rains over the weekend. Hot weather remains predominant in the Great Plains. Furthermore, the depreciation of the dollar against major global currencies, with a 0.08% drop, also contributed to the positive trend in prices. DXY, which favors shipments from the North American country. On investors' radar, the USDA The company will release an update later today on the development stages and crop conditions of the cereal in the United States.

This text was translated by machine from Brazilian Portuguese.