At 10:01 am (Brasilia time) this Thursday (25), the July wheat contract traded on Chicago Board of Trade (CBOT) It was registering a moderate decrease of 4.25 points and 0.73%, quoted at US$ cents 581.50/bushel. Kansas City Bank Exchange (KCBT)The same month's contract registered a decrease of 4.50 points and 0.73%, to US$ cents 612.75/bushel. For the week so far, the assets remain in negative territory, accumulating losses of 4.00% and 4.85%, respectively. On the previous day (24), the July contract fell 0.17% in CBOT, at US$ cents 585.75/bushel; however, the contract for the same month fell by the same amount. KCBT, at US$ cents 617.25/bushel. This morning, cereal prices were pressured by global fall in crude oil prices, which exerts influence over the US agricultural commoditiesFurthermore, the rain and the moisture gain in crops of winter wheat Crops in the North American Plains are also putting pressure on grain prices. According to… US National Weather Service (NWS), issued new warnings for flood which extends from the northwest of Kansas – the main wheat-producing state in the United States – south of IndianaOn the radar, investors are awaiting the release of the weekly export sales report. United States Department of Agriculture (USDA).
This text was translated by machine from Brazilian Portuguese.