Wheat prices rose more than 3% in the US on Friday.

The September wheat contract traded in Chicago Board of Trade (CBOT) It closed this Friday (10) with a significant increase of 20.50 points and 3.31%, quoted at US$ cents 640.25/bushel. In Kansas City Bank Exchange (KCBT)The contract expiring in the same month advanced 22.00 points and 3.36%, to US$ cents 676.25/bushel. On a weekly basis, futures closed in positive territory with gains of 6.75%. CBOT and 5.91% in KCBTIn this trading session, cereal prices were boosted by the release of new data from… Monthly Supply and Demand Report (Wasde) of United States Department of Agriculture (USDA)The agency reduced its projections for the US production for the 2026/27 crop year of the cereal, from 42.01 million tons to 41.81 million tons. The US ending inventories They were also revised downwards, from 20.25 million tons to 19.66 million tons. Furthermore, the USDA It also projects a reduction in global wheat production, from 820.06 million tons to 819.97 million tons in the next harvest. As for the world reserves In the 2026/27 cycle, the department forecasts a drop from 275.42 million tons to 272.84 million tons. Regarding… weather forecast, in the Great Plains, a heat wave which begins to settle in Montana and in Dakotas This will cause today's maximum temperatures to range between 32 and 38°C. According to the bulletin from USDAThe heat also predominates in the southern part of the region, where some areas of natural pastures, cultivated pastures, and summer crops continue to suffer from the effects of the heat. persistent effects of droughtFor next Monday (13), investors expect the weekly bulletins from USDA of shipments and updates on crop conditions and stages.

This text was translated by machine from Brazilian Portuguese.