The May wheat contract traded in Chicago Board of Trade (CBOT) It closed this Thursday (23) with a strong increase of 11.50 points and 1.92%, quoted at US$ cents 610.75/bushel, with a partial advance in the week of 3.30%. In Kansas City Bank Exchange (KCBT)The grain rose 30.00 points and 4.70%, to US$ cents 667.75/bushel – with a weekly gain of 4.87%. In this trading session, cereal prices were driven by… Strong international demand for US wheat.Furthermore, the adverse weather conditions in the agricultural regions of the United States also provided support to prices. Export sales figures for the week ending April 16, released today by United States Department of Agriculture (USDA)Data shows that the United States traded 129,000 tons of wheat from the 2025/26 crop during the period, a volume within the market's expected range of up to 250,000 tons. Regarding the climate, the… USDA It was reported that in the North American plains, the heat persists from Texas as far east as Dakota North and of SouthThere is also a significantly higher threat of wildfires in the central and southern Great Plains, in Amidst ongoing drought, dry vegetation, low humidity levels, and strong windsIn South America, the Buenos Aires Grain Exchange (BCBA) It was announced that the area sown with wheat in Argentina in the 2026/27 crop year will be 6.5 million hectares. This number represents a 3% year-on-year decrease, but is still 2.8% above the average of the last five seasons. Furthermore, the International Grains Council (IGC) It maintained its projection for the global wheat crop in 2025/26 at 845 million tons, representing an increase of 5.5% compared to the previous cycle (801 million tons).
This text was translated by machine from Brazilian Portuguese.