Wheat ends with broad gains in the US on Monday.

The July wheat contract traded in Chicago Board of Trade (CBOT) It closed this Monday (18) with a significant increase of 28.75 points and 4.52%, quoted at US$ cents 664.50/bushel. In Kansas City Bank Exchange (KCBT)The futures contract closed with an advance of 15.75 points and 2.29%, at US$ cents 703.75/bushel. In this trading session, the prices of US commodities were boosted by the announcement of White House about China's commitment to buy at least US$17 billion worth of agricultural products from United States over the next three years. In the climate field, according to the daily bulletin of U.S. Department of Agriculture (USDA), in the Plains, Nighttime storms caused localized damage from wind and hail.mainly from the center of Kansas to the southeast of South DakotaSevere storms also hit parts of the central plains. Meanwhile, in the southern region of the high plains, affected by… dry, the agency monitors the extreme threat of new forest fires due to hot weather and strong gusts of windLarger gains were limited by Weakened international demandThe USDA released today the data of wheat shipments Regarding the week ending May 14th, shipments totaled 224,000 tons during that period. Shipments fell short of analysts' projections of between 300,000 and 500,000 tons. The market is awaiting the release of the weekly update… USDA about the conditions and stages of North American crops.

This text was translated by machine from Brazilian Portuguese.