Wheat prices closed with heavy losses in the US on Friday.

The July wheat contract traded in Chicago Board of Trade (CBOT) It closed this Friday (26) with a sharp drop of 12.75 points and 2.16%, quoted at US$ cents 578.25/bushel. In Kansas City Bank Exchange (KCBT)The contract expiring in the same month fell 9.50 points and 1.53%, to US$ cents 611.00/bushel. On a weekly basis, futures closed in negative territory with losses of 4.54%. CBOT and 5.12% in KCBTIn this trading session, cereal prices were pressured by… improved weather conditions in winter wheat crops in the United States. According to the climate bulletin of U.S. Department of Agriculture (USDA), in the Plains, isolated showers They are causing minor delays in field activities, but continue to offer a limited relief from drought for pasture areas and summer crops negatively affected by persistent lack of moisture in the soilIn international markets, the US agricultural commodities They continued to be pressured by global fall in oil pricesFurthermore, according to independent analysts, the good crop prospects in wheat-producing countries… Eastern Europe They also contributed to the negative bias.

This text was translated by machine from Brazilian Portuguese.