The July wheat contract traded in Chicago Board of Trade (CBOT) It closed this Tuesday (26) with a sharp drop of 10.75 points and 1.66%, quoted at US$ cents 635.50/bushel. In Kansas City Bank Exchange (KCBT)Meanwhile, the contract for the same month fell 5.75 points and 0.84%, to US$ cents 676.25/bushel. In this trading session, cereal prices were pressured by… Good rainfall in wheat-growing regions of the United States.as well as by ample global supply of the grainAccording to the climate bulletin of United States Department of Agriculture (USDA)In the Great Plains, rainfall in the southern region has increased soil moisture and is benefiting pastures, wheat fields, and newly planted summer crops. Europe, soft wheat exports from European Union Since the start of the 2025/26 season on July 1st, they reached 20.941 million tons up to May 24th, a volume 6% higher than that recorded in the same period last year. Larger losses were limited by… Strong international demandThe USDA The government announced today that the country shipped 368,000 tons of wheat in the week ending May 21. This volume was in line with market projections of between 300,000 and 500,000 tons. Furthermore, despite the increase in exports from the European bloc, the… European Commission reduced its estimates for the EU wheat production in the 2026/27 crop yearGiven the rise in energy and fertilizer prices, the entity’s projection was revised from 127.3 million tons to 126.9 million tons for the cereal. The market is also awaiting the release of the weekly bulletin. USDA about the stages and conditions of North American crops.
This text was translated by machine from Brazilian Portuguese.