Tridge summary
The analysis by the International Center for Economic Analysis and Agricultural Market Studies (Ceema), referring to the period from November 14 to 20 and released this Thursday (20), indicates that the price of wheat in Chicago did not sustain the upward movement observed in the previous week. According to the bulletin, "the week ended with values below those recorded at the end of the previous week." The first-month contract closed on Thursday at US$ 5.27 per bushel, down from US$ 5.35 in the previous week.
Original content
The analysis by the International Center for Economic Analysis and Agricultural Market Studies (Ceema), referring to the period from November 14 to 20 and released this Thursday (20), indicates that the price of wheat in Chicago did not sustain the upward movement observed in the previous week. According to the bulletin, "the week ended with values below those recorded at the end of the previous week." The first-month contract closed on Thursday at US$ 5.27 per bushel, down from US$ 5.35 the previous week. The USDA's supply and demand report, published on November 14, revised upwards the production of wheat in the United States, which increased from 52.4 million tons in September to 54 million. The final stocks for 2025/26 were also expanded, reaching 24.5 million tons, up from the 23 million previously indicated. World production was estimated at 828.9 million tons, higher than the 816.2 million projected in September. Global stocks rose to 271.4 million tons, up from 264.1 ...
Source: Agrolink
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