Wheat prices ended lower in the US on Wednesday.

The July wheat contract traded in Chicago Board of Trade (CBOT) It closed this Wednesday (6) with a sharp drop of 10.50 points and 1.67%, quoted at US$ cents 617.25/bushel. In  Kansas City Bank Exchange (KCBT)The contract expiring in the same month fell 3.00 points and 0.43%, to US$ cents 687.00/bushel. On a weekly basis, the assets have accumulated significant losses of 3.21%. CBOT and 1.08% in KCBTIn this trading session, cereal prices continued to be pressured by… fall of crude oil prices, which affects the markets of agricultural commoditiesFurthermore, the Reduced concerns about the climate in North American producing regions. It also exerted pressure on prices. In the climate field, according to the climate bulletin from U.S. Department of Agriculture (USDA)Low temperatures, snow, and frost are affecting parts of the American plains states, such as Colorado, Montana, Wyoming, and the Dakotas. According to… USDAapproximately 31% of the US winter wheat crop was in good or excellent condition as of Sunday (3), one percentage point more than the previous week. Tomorrow (7), the USDA will publish weekly export sales records and Drought Monitorwhich will provide new clues about the drought in winter wheat crops American.

This text was translated by machine from Brazilian Portuguese.