Wheat prices ended lower in the US on Monday.

The May wheat contract traded in Chicago Board of Trade (CBOT) It closed this Monday (6) with a moderate drop of 3.00 points and 0.50%, quoted at US$ cents 595.25/bushel. In Kansas City Bank Exchange (KCBT)Meanwhile, the contract for the same month fell 7.50 points and 1.22%, to US$ cents 608.25/bushel. In this trading session, cereal prices were pressured by the decrease in concerns climatic factors in the cereal-producing areas of the United StatesAnalysts predict rain in the next 10 days in winter wheat farming areas In the eastern part of the plains, the chances of precipitation are lower, while in the more western regions. Still on the subject of climate, according to… Daily climate bulletin from the U.S. Department of Agriculture (USDA)Cold air and low temperatures cover eastern Montana and the Dakotas. On the other hand, the International demand for US grain contained greater losses.Today, the USDA He also reported that the USA They exported 334,000 tons of wheat last week. This volume is in line with market expectations of 300,000 to 500,000 tons. Investors are also positioning themselves ahead of the release of the monthly supply and demand report (Wasdeof USDA, scheduled for Thursday (9), which may bring new drivers to the global grain market.

This text was translated by machine from Brazilian Portuguese.