At 9:56 am (Brasilia time) this Friday (10), the September wheat contract traded on Chicago Board of Trade (CBOT) It recorded a significant increase of 13.25 points and 2.14%, quoted at US$ cents 633.00/bushel. Kansas City Bank Exchange (KCBT)The grain was up 15.75 points and 2.41%, at US$ cents 670.00/bushel. For the week so far, futures were up 5.54%. CBOT and 4.93% in KCBT.
In yesterday's trading session (9), the cereal closed with a strong increase of 1.97% in CBOT and 1.39% in KCBT, quoted at US$619.75/bushel and US$654.25/bushel, respectively. This morning, cereal prices were driven by adverse weather conditions in the agricultural areas of the North American Plains. According to the United States National Weather Service (NWS)There is a warning about the risk of excessive rainfall until Sunday (12) in the Central Plains. As severe storms are accompanied by strong heat wave in the region. Still in the climatic field, the U.S. Department of Agriculture (USDA) released the report yesterday. Drought Monitor – which follows the advance of the drought in North American crops, which showed stability in drought about the cereal. For the winter wheatThe share of crops located in drought-stricken regions remained at 47%, still well above the 25% seen a year ago. Regarding… spring wheat19% of the producing areas remained affected by dryAt the same point in the previous harvest, 35% of the crops were in these conditions. Regarding… international demandWheat sales for the week ending July 2nd totaled 313,100 tons for export in the 2026/27 marketing year, a volume in line with market expectations. Investors are still awaiting the release of… Monthly Supply and Demand Report (Wasde) of USDAThe report will be based on average productivity over the last five years and the final planted area data released by [source missing]. USDA June 30th.
This text was translated by machine from Brazilian Portuguese.