Wheat prices fell moderately in the US this Wednesday morning.

At 9:36 am (Brasilia time) this Wednesday (25), the May wheat contract traded on Chicago Board of Trade (CBOT) It was registering a moderate decline of 5.50 points and 0.93%, quoted at US$ cents 584.50/bushel, with a drop of 1.81% in the partial week. Kansas City Bank Exchange (KCBT)The grain fell 3.50 points and 0.58%, to US$ cents 600.50/bushel – with a partial weekly loss of 0.95%. Yesterday (24), the cereal closed up 0.38% in CBOT and 0.12% in KCBT, quoted at US$ 590.00/bushel and US$ 604.00/bushel, respectively. This morning, cereal prices were pressured by easing of tensions between the United States and Iran in the Middle EastThe military conflict is also putting pressure on the fertilizer and oil runoff flowvia Strait of HormuzThis is directly affecting wheat prices and other agricultural commodities in the US. Eastern Europedue to possibility of a fertilizer shortage crisisa Russia will halt its exports of the product for one month.until April 21st. The measure is a way of to keep domestic demand metSoft wheat exports from European Union Since the start of the 2025/26 season on July 1st, they have reached 17.138 million tons up to March 22nd, a volume 6% higher than that recorded in the same period last year, according to data published by… European Commission this Tuesday (24). On the other hand, the adverse weather conditions In the North American producing regions, they avoided greater losses. climate fieldthe US National Weather Service points to the permanence of a dry weather in the planting areas and strong winds in states such Nebraska and WyomingThe climate is favorable for spread of new forest fires And the agency has already issued new alerts in these regions. Still in USA, according to the report by National Association of Wheat Producers from the United States, the Cereal farmers are among the most affected when it comes to phosphate fertilizer prices.According to the study, in states such as North Dakota, Kansas and Montana – the country's largest wheat producers – it was observed that higher prices and tariffs on inputs, directly harming profitability and farmers' production costs.

This text was translated by machine from Brazilian Portuguese.