Wheat prices rose in the US on Tuesday morning.

At 9:28 am (Brasilia time) this Tuesday (31), the May wheat contract traded on Chicago Board of Trade (CBOT) It recorded a moderate increase of 3.25 points and 0.54%, quoted at US$ cents 610.25/bushel. Kansas City Bank Exchange (KCBT)The contract for the same month advanced 3.00 points and 0.48%, to US$ cents 629.25/bushel. On a monthly basis, the cereal rose 3.09% and 8.31%, respectively. On the previous day (30), the cereal rose 0.33% in CBOT, at US$ cents 607.00/bushel. On the other hand, the cereal fell 1.03% in KCBT, at US$ cents 626.25/bushel. This morning, wheat prices were supported by weather conditions extreme conditions in the grain-producing regions of the United States.In the plains of the southern US, the dry climate, accompanied by strong gusts of wind, remains predominant in the states of Kansas, Oklahoma, and Texas. According to the National Meteorological Service From across the country, storms are forecast for the region, with the possibility of hail and lightning that could be harmful to winter wheat crops. Yesterday, the USDA released its weekly report on wheat shipments from the United States.Regarding the week ending March 26th, the US exported 364,000 tons of wheat last week. The export volume was in line with market projections of between 300,000 and 500,000 tons. Later, investors await the release of… estimates of planted area in the USA by the Department of Agriculture (USDA) These figures are included in the annual planting intentions report for the upcoming season, in addition to quarterly stock data, based on March 1st.

This text was translated by machine from Brazilian Portuguese.