Wheat prices are trading steadily this Monday morning on the Chicago Board of Trade.

At 10:09 am (Brasilia time) this Monday (20), the September wheat contract traded on Chicago Board of Trade (CBOT) It was operating in complete stability, quoted at US$ cents 682.75/bushel. Kansas City Bank Exchange (KCBT)The contract for the same month advanced 1.25 points and 0.17%, to US$ cents 733.50/bushel. In the last session (17), the cereal closed with a strong increase of 1.41% in CBOT, at US$ cents 684.25/bushel, while it rose 2.44% in KCBT, at US$ cents 734.00/bushel. In the weekly breakdown, contracts accumulated significant gains of 6.87% and 8.54%, respectively. This morning, cereal prices… United States were benefited by adverse weather conditions on the North American plains, as well as by the conflict between Russia and Ukraine, in Black Sea exporting regionAccording to US National Weather Service (NWS), due Forest fires on the Canadian border and heat waves Originating from states near the plains, the agricultural areas of winter cereals are being affected by high temperatures and low humidity of airNo Eastern Europe, Moscow carried out new attacks on the Ukrainian capital, Kiev, during this weekend. Despite the new offensive not having directly reached port infrastructure and logisticsinvestors assess the risk of a halt to Ukrainian grain exports us ports of Black SeaInvestors are keeping an eye on the release of weekly reports of USDA on export shipments and about the stages of development and conditions from the crops in the USA.

This text was translated by machine from Brazilian Portuguese.