The July wheat contract traded in Chicago Board of Trade (CBOT) It closed this Monday (1st) with a slight decrease of 1.75 points and 0.29%, quoted at US$ cents 608.75/bushel. In Kansas City Bank Exchange (KCBT)The futures contract closed down 2.75 points, or 0.42%, at US$ 647.00 cents per bushel. In this trading session, cereal prices were pressured by… ample global supply of the graindue to harvests from producing countries in the Northern Hemisphereas well as by improved weather conditions in the northernmost region of the North American plains. In Eastern Europea Ukraine's grain and oilseed harvest It should increase by 4.5% in 2026 (from 80 million tons to 83.6 million tons)., according to the new estimate from Ukrainian Union of Grain Traders (UGA)In the field of climate, the United States Department of Agriculture (USDA) reported that a cold front, coming from the border with the Canadais bringing rain and low temperatures for the high plains region, which benefits the winter wheatRegarding international demand, according to USDAThe US shipped 402,000 tons of wheat in the week ending May 28. This volume is within market projections of 300,000 to 500,000 tons. Investors are awaiting further developments. of the update of conditions and stages of US crops.
This text was translated by machine from Brazilian Portuguese.