Wheat prices fell sharply on Wednesday morning in the US.

At 9:59 am (Brasilia time) this Wednesday (27), the July wheat contract traded on Chicago Board of Trade (CBOT) It was registering a sharp drop of 10.75 points and 1.69%, quoted at US$ cents 624.75/bushel. Kansas City Bank Exchange (KCBT)The same month's contract fell 7.75 points and 1.15%, to US$ cents 668.50/bushel. For the week so far, the assets have accumulated losses of 3.33% and 1.98%, respectively. On the previous day (26), the wheat contract fell 1.66% in CBOT, at US$ cents 635.50/bushel. Already in KCBTThe grain closed down 0.84%, at US$ cents 676.25/bushel. This morning, grain prices in the United States were pressured by… ample global wheat supply originating from harvest from other producing countries in the Northern Hemisphere. To the rainfall south of the Plains North American They also exerted pressure on prices. According to the bulletin from US National Weather Servicethe Kansas – main wheat producer in the country – registered precipitation and storms in the central and southern regions of the state. According to the survey U.S. Department of Agriculture (USDA)a sowing of the 2026/27 crop of spring wheat The country's planting has reached 86% of the projected area – ahead of the normal average (79%) – after advancing 13 percentage points in one week. At the same time last season, planting was at 86%. On the other hand, regarding winter wheat73% of the crops reached the tillering stage (weekly progress of 2 pp), compared to 78% in the same period of the last harvest and 70% on average over the last five years. Larger losses were limited by… Strong international demandThe USDA The Brazilian government announced today that it shipped 368,000 tons of wheat in the week ending May 21. This volume was in line with market projections of between 300,000 and 500,000 tons. Also in international markets, a group of… South Korean flour mills you should buy 100 thousand tons of wheat from the USA (50 thousand tons) and Canada (50 thousand tons)According to sources from Reutersthe purchase of North American cereal it should be divided into 25.4 thousand tons of soft white wheat, 10.3 thousand tons of winter wheat and 14.2 thousand tons of spring wheat.

This text was translated by machine from Brazilian Portuguese.