The wheat market closed higher on international exchanges.

Wheat contracts closed higher on major international exchanges, reflecting a supportive environment linked to geopolitical factors and weather conditions. According to TF Agroeconômica, the positive movement was observed in both North American and European markets, with gains distributed among the different types of the cereal. In Chicago, SRW soft wheat with March delivery advanced 0.97%, equivalent to 5.50 cents per bushel, closing at US$ 522.50. The May contract also registered appreciation, with an increase of 0.95% or 5.75 cents per bushel, ending the day at US$ 533.00. The performance followed the perception of risks associated with the Black Sea region and climatic uncertainties, factors that continue to influence the formation of prices in the international market. In the Kansas market, HRW hard wheat for March showed an even more intense rise, with a gain of 1.09%, or 6.25 cents per bushel, reaching US$ 534.25 at the close. Meanwhile, in Minneapolis, HRS wheat with March ...