At 9:58 am (Brasilia time) this Wednesday (24), the July wheat contract traded on Chicago Board of Trade (CBOT) It recorded a moderate increase of 3.25 points and 0.55%, quoted at US$ cents 590.00/bushel. Kansas City Bank Exchange (KCBT)Meanwhile, the contract expiring in the same month advanced 4.75 points and 0.77%, to US$ cents 623.00/bushel. On the other hand, for the week, contracts registered partial losses of 2.60%. CBOT and 3.26% in KCBTOn the previous day (23), the wheat contract fell 1.80% in CBOT, at US$ cents 586.75/bushel. On the other hand, in KCBTThe cereal closed down 2.41%, at US$ cents 618.25/bushel. This morning, cereal prices were supported by… worsening weather conditions which has been harming the Pace of the winter wheat harvest us United StatesAccording to US agricultural organizations, more than half of the harvest has already been collected and stored. However, the excessive rainfall The end-of-season weather is hindering the progress of fieldwork in the North American Plains. Also related to the weather, the US National Weather Service (NWS) issued alerts and warnings of flood for counties in southern Nebraska and northern Kansas due to strong precipitation In the region. On the radar, investors are closely watching the wheat harvests in the region of Black Sea.
This text was translated by machine from Brazilian Portuguese.