Wheat futures closed in negative territory in the US on Friday.

The July wheat contract traded in Chicago Board of Trade (CBOT) It closed this Friday (12) with a slight decrease of 2.25 points and 0.38%, quoted at US$ cents 584.50/bushel. In Kansas City Bank Exchange (KCBT)The contract expiring in the same month closed stable with a downward bias (-0.25 points and -0.04%), at US$ cents 634.50/bushel. On the other hand, in the weekly comparison, futures closed in positive territory with gains of 0.78%. CBOT and 2.22% in KCBTIn this trading session, cereal prices were pressured by… improved weather conditions in winter wheat fields in the United States. According to the climate bulletin. U.S. Department of Agriculture (USDA)The main cereal-producing regions in the North American Plains recorded… low temperatures and more humid climateStill in climate field, according to the report Drought Monitor, released yesterday (11) by USDA, winter wheat crops showed an improvement of 4 percentage points (pp), going from 67% to 63% of areas under drought In one week. For the spring wheatThere was also a slight decrease of 1 percentage point compared to the previous week, with 22% of areas under droughtA ample global supply of the grain also put pressure on prices. According to independent analysts, the good prospects for the harvests in Russiain Ukraine and in countries of North Africa contributed to the negative bias. However, the disclosure of Monthly Supply and Demand Report (Wasde) of USDA The June forecast limited further losses. According to the document, the US grain production for the 2026/27 season is expected to fall from 42.49 million tons in May to 42.01 million tons. Furthermore, the new projection indicates a decrease in the final grain stock for the 2026/27 crop year from 20.74 million tons to 20.25 million tons. Strong international demand The availability of US commodities also helped to contain further price declines. This was reported the previous day by… USDAAccording to export sales figures for the week ending June 4, the U.S. traded 666,000 tons of wheat from the 2026/27 crop during that period. This volume exceeded the market projection of 200,000 to 600,000 tons.

This text was translated by machine from Brazilian Portuguese.