
Wheat prices rallied from April 18 to May 13, with July CBOT futures rising from $5.53 to $6.87 per bushel, the highest since August 2023. The rally was driven by severe frosts in central and southern Russia in early May and dry conditions affecting Russian crop development.
Weather damage to Russian wheat cuts export supply in a major exporting region, lifting global wheat prices. Continued stress during heading and flowering could add further upside.
Após 1.072 eventos altista de clima passados, Trigo (SRW) subiu em mediana +0,2% em 5 sessões (55% de alta; metade central de -1,4% a +2,3%), e +0,3% em 20.
Após 322 eventos altista de clima passados, Trigo (HRW) subiu em mediana -0,1% em 5 sessões (49% de alta; metade central de -2,5% a +3,2%), e +1,0% em 20.
Variações do benchmark de cada commodity desde o último fechamento antes do evento. As leituras históricas agregam eventos passados do mesmo tipo; descrevem o que aconteceu, não o que vai acontecer. Não é recomendação de investimento.
The frost and dryness-driven rally to a multi-month high on May 13 left HRW overextended, so the -6.77% drop on May 14 was likely a reversal as that weather premium was unwound.