At 9:34 am (Brasilia time) this Wednesday (18), the May wheat contract traded on Chicago Board of Trade (CBOT) It was registering a slight increase of 2.25 points and 0.38%, quoted at US$ cents 592.00/bushel, with a decline of 3.58% in the partial week. Kansas City Bank Exchange (KCBT)The grain rose at the same intensity, to US$ cents 609.00/bushel – with a partial weekly loss of 3.41%. Yesterday (17), the cereal closed with a sharp drop of 1.26% in CBOT and 1.58% in KCBT, quoted at US$ 589.75/bushel and US$ 606.75 cents/bushel, respectively. This morning, prices were supported by an adjustment movement in positions, given the sharp falls in cereal prices in recent days. In Europe, the European Grain Trade Association (Coceral) reported a new estimate for the current wheat harvest from the European Union and of United Kingdom. The entity projects a production of 142.6 million tons, a decrease of 4.10% compared to the previous season (148.7 million tons) and 0.90% below the previous forecast (143.9 million tons). On the other hand, the soft wheat exports from the European Union Since the start of the 2025/26 season on July 1st, they have reached 16.765 million tons up to March 15th, a volume 8% higher than that recorded in the same period last year, according to data published yesterday by [organization name]. European Commission. Us USAno climate fieldThe North American plains are expected to experience a heat wave by the end of this weekend, early for this time of year, according to the forecast. US National Weather ServiceOn the radar, investors remain attentive to the possibility of a delay to the next meeting in Donald Trump and Xi JinpingThe postponement of new negotiations between the two countries affects market projections regarding Chinese demand for US agricultural commodities.
This text was translated by machine from Brazilian Portuguese.