Wheat prices ended lower in the US on Wednesday.

The July wheat contract traded in Chicago Board of Trade (CBOT) It closed this Wednesday (20) with a sharp drop of 6.75 points and 1.01%, quoted at US$ cents 660.50/bushel. In  Kansas City Bank Exchange (KCBT)The contract expiring in the same month fell 5.00 points and 0.71%, to US$ cents 698.75/bushel. On the other hand, in the weekly comparison, the assets have accumulated broad gains of 3.89%. CBOT and 1.56% in KCBTIn this trading session, cereal prices were pressured by… Fall in crude oil prices on the international market., which directly affects the North American agricultural commoditiesFurthermore, investors are monitoring the details of the new trade agreements between United States and ChinaAccording to White House, Beijing It must purchase at least US$17 billion in agricultural products from the US between 2026 and 2028.

Adverse weather conditions in the wheat-growing regions of the USA They avoided greater losses. According to the daily bulletin of U.S. Department of Agriculture (USDA)In the Plains region, frost and freeze warnings have been issued for much of the area. Dakotas, extending to the north of NebraskaFarmers monitor possible damage to the grain crop caused by freezingAccording to the survey by USDA carried out until last Sunday (17), only 27% of the country's winter wheat crops were classified as good or excellent. The index represents a drop of one percentage point compared to the previous week and represents the worst performance for this period of the year since 1996. On the radar, the market awaits the release of the weekly export sales report of USDA tomorrow (21), in addition to the update on the areas affected by the drought in North American crops.

This text was translated by machine from Brazilian Portuguese.