The May wheat contract traded in Chicago Board of Trade (CBOT) It closed this Tuesday (17) with a sharp drop of 7.50 points and 1.26%, quoted at US$ cents 589.75/bushel. In Kansas City Bank Exchange (KCBT)The contract for the same month fell 9.75 points and 1.58%, to US$ cents 606.75/bushel. In this trading session, prices were pressured by increased global supply due to increased wheat exports from Russia in international markets. While in United StatesWheat-producing regions have been experiencing improved weather conditions. According to the consultancy. SovEcon, to the Russian wheat exports they achieved 3.8 million tons In March alone, the volume exceeded the average of the last five years, which was 3.1 million tons shipped in the same period. USAIn the plains, particularly the Dakotas and regions in the eastern plains, low temperatures, snow, and freezing rain are expected, according to a climate bulletin from [source missing]. U.S. Department of Agriculture (USDA)Favorable weather conditions for winter wheat crops, which should enter the growth phase in the spring. Regarding US wheat exports, the… USDA yesterday released the data on wheat shipments, relating to the week ending in March 12The US sent 343,000 tons of wheat last weekvolume 31.2% lower than shipped in the previous week (499 thousand tons) and 30.8% below the amount exported in the same week of the previous season (496 thousand tons)In Ukraine, the one Ministry of Economy of the country announced it should increase your grain planting area Spring 2026 to 6 million hectares, one growth of 4.2% facing 5.76 million hectares by spring 2025Projections indicate that 186,300 hectares of wheat are to be sown..
This text was translated by machine from Brazilian Portuguese.