At 9:27 am (Brasilia time) this Friday (27), the May wheat contract traded on Chicago Board of Trade (CBOT) It was registering a slight increase of 2.75 points and 0.45%, quoted at US$ cents 607.75/bushel. Kansas City Bank Exchange (KCBT)The grain was up 4.75 points and 0.76%, at US$ cents 631.50/bushel. So far this week, futures have accumulated gains of 2.06%. CBOT and 4.16% in KCBT.
On the eve (26), the cereal rose 1.21% in CBOT and advanced 1.46% in KCBT, quoted at US$605.00/bushel and US$626.75/bushel, respectively. This morning, cereal prices were supported by Drought and water scarcity advancing in wheat-producing regions of the United States.The report Drought Monitor of U.S. Department of Agriculture (USDA)The report, released yesterday, stated that the drought conditions in winter wheat crops increased to 57% of the cultivated area Last week saw an increase of 2 percentage points. Compared to the same period last year, the regions affected by the drought have increased. 19 percentage pointsStill in the field of climate, according to US National Weather ServiceThe southern plains will continue to be affected by… Dry weather and gusts of wind are increasing the risk of forest fires, especially in winter wheat crops.Strong international demand also supported prices. export sales records from the week ending March 19, released yesterday by U.S. Department of Agriculture (USDA)Data shows that the country traded 397,000 tons of wheat from the 2025/26 crop during the period, a volume in line with market projections. Investors are awaiting the release of… estimates of planted area in the USA, scheduled for next Tuesday (31) by USDAwhich should bring new directions to the grain market.
This text was translated by machine from Brazilian Portuguese.