Wheat is trading in opposite directions in the US this Tuesday morning.

At 9:58 am (Brasilia time) this Tuesday (16), the July wheat contract traded on Chicago Board of Trade (CBOT) It registered a moderate increase of 4.25 points and 0.72%, quoted at US$ cents 594.00/bushel. On the other hand, in Kansas City Bank Exchange (KCBT)The grain fell 3.50 points and 0.55%, to US$ cents 635.50/bushel. On the previous day (15), the cereal futures advanced 0.90% in CBOT and 0.87% in KCBT, quoted at US$ cents 589.75/bushel and US$ cents 640.00/bushel, respectively. This morning, cereal prices were benefiting from… worsening weather conditions in the producing regions of winter wheat us United StatesAccording to US National Weather Service, forest fires are expected in parts of south-central Nebraska and from the north-central region KansasAlerts were also issued for the low air humidity accompanied by strong gusts of windAccording to the data from Drought Monitor, released by United States Department of Agriculture (USDA)a extreme drought It still covers a large part of the grain-producing states, such as Nebraska (50% of the areas affected by the drought), Colorado (36%) and Oklahoma (31%). Greater gains, however, were limited by advances in fieldwork in harvest of the 2025/26 winter wheat crop North American, according to data from USDAThe harvest has reached 25% of the planned area, a pace considerably higher than last year (11%) and above the average of the last five years (13%). Regarding crop conditions, the classification of the winter crop as good or excellent rose from 25% to 27% in the week. However, this percentage is still well below the 52% rating at the same period of the previous cycle. As for… spring wheat sowingPlant emergence has reached 95% of the cultivated area, above the 87% observed last year and the historical average of 89% for the period. According to… USDA55% of spring wheat fields are in good or excellent condition, a 52% improvement compared to the previous week. Weakened international demand The supply of North American grain also exerted pressure on prices. Yesterday, the USDA It was announced that the country’s wheat shipments totaled 334,000 tons in the week ending June 11. Despite the increase compared to the previous week (323,000 tons), the volume came in below investors’ projections of 350,000 to 550,000 tons.

This text was translated by machine from Brazilian Portuguese.