Wheat prices closed slightly higher on Tuesday in the US.

The July wheat contract traded in Chicago Board of Trade (CBOT) It closed this Tuesday (9) with a slight increase of 2.00 points and 0.34%, quoted at US$ cents 585.25/bushel. In  Kansas City Bank Exchange (KCBT)Meanwhile, the contract for the same month advanced 1.00 point and 0.16%, to US$ cents 630.75/bushel. In this trading session, cereal prices were supported by… worsening conditions for wheat crops in the United States, according to U.S. Department of Agriculture (USDA)Market participants consider the classification of USDA, with only 25% rating it as good or excellent. winter wheat crop In the US (down 1 percentage point from the previous week), the progress is below expectations. The current condition of the grain crop is the worst since 2006. According to US government data, the assessment is well below the 54% seen at the same time last year. Furthermore, 92% of the crops have reached the tillering stage (weekly progress of 5 pp), compared to 87% at the same time last season. Planting of… spring wheat Planting has reached 98% of the projected area – ahead of the normal average (95%) – after advancing 4 percentage points in one week. At the same time last season, planting was also at 98%. Regarding crop conditions, areas classified as good/excellent represent 52% of the total, close to 53% last season. Furthermore, 42% are classified as fair and 6% as poor/very poor. As for international demand, the USDA Yesterday, the US released wheat shipment data for the week ending June 4th. The US shipped 320,000 tons of wheat during that period, a volume within analysts' projections of between 250,000 and 450,000 tons. However, the ample global supply of the grain Originating from harvests in producing countries in the Northern Hemisphere, further gains remain limited. Europe, soft wheat exports from European Union Since the start of the 2025/26 season on July 1st, they have reached 22.054 million tons up to June 7th, a volume 7% higher than that recorded in the same period last year, according to data published today by [organization name]. European Commission.

This text was translated by machine from Brazilian Portuguese.