At 10:02 am (Brasilia time) this Friday (29), the July wheat contract traded on Chicago Board of Trade (CBOT) It was down 1.25 points and 0.20%, quoted at US$ cents 622.75/bushel. Kansas City Bank Exchange (KCBT)The grain fell 5.00 points and 0.75%, to US$ cents 660.25/bushel. For the week so far, futures were down 3.64%. CBOT and 3.19% in KCBT. In the monthly breakdown, earnings showed significant losses of 2.20%. CBOT and 4.79% in KCBT.
On the previous day (28), the cereal closed with an upward trend (+0.04%) in CBOT and fell 0.78% in KCBT, quoted at US$ 622.75/bushel and US$ 664.50 cents/bushel, respectively. This morning, cereal prices were pressured by Recent rains in the producing regions of the US state of Kansas, Oklahoma and TexasAccording to the analysis of Kansas State University, to the rainfall in agricultural areas, from the main producing state of wheat, should improve harvest prospects in the southern plains, where winter varieties of the grain are grown. On the radar, the United States Department of Agriculture (USDA) The weekly export sales report will be released later.
This text was translated by machine from Brazilian Portuguese.