The September wheat contract traded in Chicago Board of Trade (CBOT) It closed this Thursday (30) with a slight increase of 2.75 points and 0.42%, quoted at US$ cents 663.50/bushel. In Kansas City Bank Exchange (KCBT)Meanwhile, the contract expiring in the same month rose 5.25 points and 0.72%, to US$ cents 730.75/bushel. For the week, the contracts have accumulated losses of 2.14% and 1.95%, respectively. In this trading session, the market reacted to information that Ukrainian drones struck a grain export terminal in the Russian port of Taman, located in the Kerch Strait, a strategic corridor connecting the Black Sea to the Sea of Azov. According to sources consulted by [source name missing], ReutersThe terminal, controlled by Demetra, one of Russia's largest agricultural companies, suffered significant damage. The facility has the capacity to handle 5 million tons of grain per year. Additionally, a sunflower oil export unit located at the same port was also affected. According to sources, the damage to this facility was considered limited. On the demand side, the United States Department of Agriculture (USDA) It was reported that weekly export sales for the 2026/27 crop totaled 285,000 tons, while sales for the 2027/28 cycle were below 1,000 tons. In the weather market, the USDA It highlighted that 42% of spring wheat crops and 48% of winter wheat areas in the United States are located in drought-stricken regions. At the same time, the agency's daily weather bulletin indicated the return of rains to parts of the Great Plains, a scenario that tends to benefit some crops. According to the USDAScattered rainfall has been recorded between Kansas and the northern Plains, while the southern portion of the region continues to face intense heat and dry weather, conditions that are putting pressure on pastures and some summer crops. The agency also warned of the arrival of a new heat wave in the northern Great Plains, with a peak expected next weekend.
This text was translated by machine from Brazilian Portuguese.