At 10:09 am (Brasilia time) this Wednesday (29), the September wheat contract traded on Chicago Board of Trade (CBOT) It was registering a slight increase of 3.00 points and 0.45%, quoted at US$ cents 665.50/bushel. Kansas City Bank Exchange (KCBT)Meanwhile, the contract expiring in the same month advanced 4.50 points and 0.62%, to US$ cents 730.75/bushel. On the other hand, for the week, contracts registered partial losses of 1.84%. CBOT and 1.95% in KCBTOn the previous day (28), the July wheat contract advanced 0.38% in CBOT, at US$ cents 662.50/bushel. However, in KCBTThe cereal closed down 0.38%, at US$ cents 726.25/bushel. This morning, cereal prices were supported by… adverse weather conditions in the northernmost region of the North American plains. According to the US National Weather Service (NWS), notices of extreme heat They were issued for counties in Montana, North Dakota, South Dakota, Minnesota, and Wisconsin. Eastern EuropeGeopolitical uncertainties are also contributing to the positive bias in US stock prices. Recent exchanges of attacks between Russia and Ukraine This has been directly affecting the logistical and export capacity of both countries in Black Sea regionIn the field, according to United States Department of Agriculture (USDA)a spring wheat harvestAs of last Sunday (26), it had reached 2% of the cultivated area – a pace in line with the average observed over the last five years. In addition, 95% of the crops are in the tillering phase. As for crop conditions Regarding the variety of cereals, areas classified as good/excellent represent 53% of the total, above the figure recorded last year (49%). Furthermore, 35% are classified as fair and 12% as poor/very poor. As for… winter wheatThe harvest has progressed to 81% of the cultivated area, a weekly increase of 6 percentage points. This pace surpasses the 79% recorded in the same period of 2025 and the multi-year average.
This text was translated by machine from Brazilian Portuguese.