At 9:57 am (Brasilia time) this Friday (17), the May wheat contract traded on Chicago Board of Trade (CBOT) It was registering a slight drop of 2.25 points and 0.38%, quoted at US$ cents 596.25/bushel. Kansas City Bank Exchange (KCBT)Meanwhile, the grain fell 4.50 points and 0.70%, to US$ cents 638.25/bushel. For the week so far, futures have accumulated gains of 4.42%. CBOT and 8.04% in KCBT.
On the eve (16), the cereal advanced 0.80% in CBOT and 2.76% in KCBT, quoted at US$ 598.50/bushel and US$ 642.75 cents/bushel, respectively. This morning, cereal prices were pressured by a profit-taking movement after consecutive sessions of gains. On the other hand, market participants' concerns with the extreme weather conditions in wheat-producing regions in the States United They limited greater losses. According to US National Weather Servicein addition to dry in winter wheat crops, there is forecast of severe frosts for much of the eastern part of Coloradowest of Kansasno New Mexico, as well as in the coastal regions of Oklahoma and TexasFurthermore, A Drought remains stable across 68% of winter wheat crops.according to the report Drought Monitor, released yesterday by U.S. Department of Agriculture (USDA)In the annual comparison, the index is higher than that recorded in the same period of 2025 (34%). Eastern Europe, analysts assess the intensity of drought and water scarcity in wheat planting regions Black Sea and in other regions of the European continent. In addition to concerns about drought conditions, the Australia It also faces a shortage of agricultural inputs due to the disruption of product shipments through the Strait of Hormuz. Furthermore, the USDA Yesterday, the agency released its export sales figures for the week ending April 9. According to the agency, the United States traded… 100,000 tons of wheat from the 2025/26 harvest During the period, volume came in line with market projections – from 75,000 to 250,000 tons.
This text was translated by machine from Brazilian Portuguese.