At 9:36 am (Brasilia time) this Wednesday (22), the May wheat contract traded on Chicago Board of Trade (CBOT) It was down slightly by 0.75 points and 0.12%, quoted at US$ cents 604.25/bushel. Kansas City Bank Exchange (KCBT)Meanwhile, the grain fell 3.75 points and 0.58%, to US$ cents 639.75/bushel. On the other hand, so far this week, assets have accumulated gains of 2.20%. CBOT and 0.47% in KCBTYesterday (21), the cereal closed up 1.34% both in CBOT how much KCBT, quoted at US$605.00/bushel and US$643.50/bushel, respectively. This morning, cereal prices were pressured by a Profit-taking movement following the previous day's asset appreciation.Furthermore, the Analysts predict more rain in winter wheat-producing regions. us United States next week, which contributes to the negative bias. Larger losses were limited by continued drought in agricultural areas in the central region of USA, with risk of new forest firesRed flag alerts have been issued since the Canadian border to the south until northwest of Texas.
THE Kansas, the main grain-producing state, is affected by low relative humidity and strong gusts of wind. This Monday (20), the U.S. Department of Agriculture (USDA) released its data on the progress of planting for the 2026/27 crop in the country. The USDA reported that 20% of the crops cultivated with winter wheat They reached the heading stage (weekly progress of 9 pp), compared to 14% in the same period of the last harvest and 12% on average over the last five years. Of the cultivated area, 30% of the crops are in good to excellent condition. – compared to 34% last week and 45% at the same point in the previous cycle.Furthermore, 37% are in a median situation and 33% are in poor or very poor situations. As for… Spring wheat planting has reached 12% of the projected area. – the same pace seen on average over the last five years – after advancing 6 percentage points in one week. At the same time last season, planting was at 16%..
This text was translated by machine from Brazilian Portuguese.