At 10:02 am (Brasilia time) this Wednesday (1st), the September wheat contract traded on Chicago Board of Trade (CBOT) It recorded a strong increase of 9.25 points and 1.57%, quoted at US$ cents 598.50/bushel. Kansas City Bank Exchange (KCBT)Meanwhile, the contract expiring in the same month advanced 8.25 points and 1.32%, to US$ cents 633.50/bushel. For the week, contracts registered partial gains of 1.48%. CBOT and 2.26% in KCBTOn the previous day (30), the July wheat contract advanced 1.98% in CBOT, at US$ cents 580.75/bushel. In KCBTThe cereal closed down 1.83%, at US$ 611.00 cents/bushel. This morning, cereal prices were driven by… positive market reaction as for new projections on wheat planting and stocks of United States Department of Agriculture (USDA)Yesterday, the agency announced that the quarterly inventories of the North American country The figures for June 1st were 25.04 million tons, significantly lower than the 35.38 million tons in the previous report. However, the volume is still higher than the 23.26 million tons recorded last year. USDA It also reported that the total area planted with wheat in the US in 2026/27 is estimated at 17.28 million hectares, a 6% reduction compared to 2025/26. The average market expectation was 17.75 million hectares. area designated for winter wheat The area under acreage was estimated at 12.75 million hectares, a 5% decrease compared to the previous cycle. area planted with spring wheat The area planted with durum wheat decreased by 6% during the period, to 3.80 million hectares. Meanwhile, the area planted with durum wheat was estimated at 740,000 hectares (-16%). Still in USAno climate fieldthe extreme heat It continues to affect grain-growing regions in the United States. According to the US National Weather Service (NWS), the state of Kansas must register high temperatures until Saturday (4).
This text was translated by machine from Brazilian Portuguese.