Wheat futures prices fell in Chicago. On the American stock exchange, contracts due in May increase remains 1.64% at US$ 5,980 per bushel. The movement occurs, according to consultancy Granar, with the realization of profits by investment funds and the appreciation of the dollar against the euro, which puts downward pressure on prices.
Furthermore, the scenario is established by forecasts of more constant rain in planting areas. The United States Department of Agriculture, the USDA, kept unchanged, at 21% and 55%, the areas allocated to spring and winter varieties, which suffered some degree of drought in 2025.
In the Middle East, an attack in the Black Sea region damaged two cargo ships carrying Ukrainian grain. Hostilities in the region also generate uncertainty and pressure on grain prices.
Military
The soybean futures contract due in May closed trading in drop of 0.51%, priced at US$11.625 per bushel. According to consultancy Granar, the large volume of Brazilian soybeans on the market and the low probability of Chinese purchases of 20 million tons of American soybeans for the 2025/2026 harvest prevent improvements in commodity prices.
Corn
Corn futures for May recorded remains 0.79%, at US$ 4,660 per bushel. The price was mainly driven by investors’ profit-taking following the gains of the previous two trading sessions. Increased sales by American farmers, who are taking advantage of high prices amid the war in the Middle East, supported grain prices throughout the week.
