Wheat prices registered a slight decline on the CBOT this Wednesday morning.

At 9:55 am (Brasilia time) this Wednesday (13), the July wheat contract traded on Chicago Board of Trade (CBOT) It was down slightly by 3.00 points and 0.44%, quoted at US$ cents 676.00/bushel. On the other hand, in Kansas City Bank Exchange (KCBT)The same month's contract advanced 9.75 points and 1.33%, to US$ cents 741.00/bushel. For the week so far, the assets have accumulated significant gains of 9.21% and 9.66%, respectively. On the previous day (12), the wheat contract advanced 7.10% in CBOT, at US$ cents 679.00/bushel. Already in KCBTThe cereal registered a 6.56% increase, reaching US$ cents 731.25/bushel. This morning, cereal prices were pressured by a profit-taking movementconsidering the A record high for wheat contracts in the previous session in the United States.Furthermore, the FranceAgriMer raised its projection to the soft wheat exports from the France in 2025/26 seasonWheat shipments within the European Union They increased from 7.70 million to 7.75 million tons. On the other hand, greater losses were limited by the new projections of… United States Department of Agriculture (USDA) For the 2026/27 North American crop, expectations are tighter than analysts had anticipated. According to the report, ending wheat stocks in the US are expected to fall to 20.74 million tons in 2026/27, down from the 25.44 million tons projected for 2025/26. Globally, ending stocks for the 2025/26 season were estimated at 279.21 million tons, while for 2026/27… USDA The projected drop to 275.04 million tons. Furthermore, the department estimated US wheat production at only 42.49 million tons for the 2026/27 crop year, down from the 54.01 million tons projected for 2025/26. If confirmed, this would be the lowest US production in 54 years. In the weather field, red flag alerts were issued for… Dry weather and risk of forest fires They were issued for the states of North Dakota and Kansas. According to the U.S. National Weather Service, the relative humidity It should fall to around 15%. On the radar, investors are also monitoring President Donald Trump's visit to China, one of the main topics of conversation between the American leader and the President Xi-Jinping it must be agricultural commodities trade.

This text was translated by machine from Brazilian Portuguese.