Wheat is trading higher this Thursday morning in the US.

At 9:38 am (Brasilia time) this Thursday (19), the May wheat contract traded on Chicago Board of Trade (CBOT) It was trading moderately higher, up 6.00 points and 0.99%, quoted at US$ cents 610.25/bushel, however, with a loss of 0.57% for the week so far. Kansas City Bank Exchange (KCBT)The grain rose 3.25 points and 0.52%, to US$ cents 629.25/bushel, but with a partial weekly decline of 0.16%. On the previous day (18), the cereal futures rose 2.46% in CBOT and 3.17% in KCBT, quoted at 604.25/bushel and 626.00/bushel, respectively. This morning, prices were driven by adverse weather conditions in the winter wheat producing regions United StatesAccording to US National Weather Servicethe risk of new forest fires It is high in the North American plains regions. The dry weather and wind gusts mainly affect the high plains; states like Wyoming have already issued red flag alerts for possible wildfires. Analysts also project low humidity in the corn-growing areas for the next 30 to 60 days. Investors also believe that the price of the commodity has also been influenced by these factors. High geopolitical risks stemming from the military conflict and fuel supply crisis. in the Middle East.

This text was translated by machine from Brazilian Portuguese.