Trigo sobe mais de 4% em Chicago com cobertura de posições vendidas

Trigo futures subiram mais de 4% em Chicago após problemas climáticos nos EUA e Europa e sinais de novos negócios de exportação global. Os fundos de commodities mantêm uma posição líquida vendida, deixando o mercado vulnerável a altas de cobertura de posições vendidas. A colheita do trigo de inverno nos EUA teve um início lento devido às condições úmidas.

Chicago, June 17, 2025 - Benchmark Chicago Board of Trade (CBOT) wheat futures jumped more than 4% on Wednesday, driven by weather-related issues in the United States and Europe, coupled with signs of fresh global export business. The rally comes as commodity funds maintain a large net short position, leaving the market vulnerable to short-covering rallies.

The U.S. winter wheat harvest has started off slowly due to wet conditions, while parts of Russia and the European Union have been experiencing dry weather. These factors have prompted speculators to cover their short positions, pushing wheat futures higher. As of 12:59 p.m. CDT (1759 GMT), CBOT July wheat (WN25) was up 24 cents at $5.73 per bushel, reaching its highest price since March 24 [4].

The price surge in wheat futures also lifted corn and soybean futures, with CBOT July soybeans (SN25) up 3/4 cent at $10.74-3/4 a bushel and July corn (CN25) up 1 cent at $4.32-1/2 a bushel. The increase in soybean futures was supported by the proposed U.S. biofuel mandates, which have muted concerns about a slowdown in U.S. soybean exports due to trade tensions with China [4].

The U.S. markets are closed on Thursday in observance of Juneteenth, with both the CBOT and USDA reopening on Friday. Traders are awaiting the USDA's weekly export sales report, which will be released on Friday, a day later than usual due to the holiday [4].

References:
[1] https://www.brecorder.com/news/40368177/palm-ends-lower-on-rival-chicago-soyoil-profit-taking
[2] https://www.morningstar.com/news/dow-jones/202506176709/wheat-futures-higher-on-slow-harvest-of-winter-crop-daily-grain-highlights
[3] https://www.tradingview.com/news/reuters.com,2025:newsml_L1N3SL14G:0-basis-bids-flat-farmer-selling-ticks-up/
[4] https://www.tradingview.com/news/reuters.com,2025:newsml_L6N3SL0R8:0-us-wheat-surges-4-on-short-covering-lifting-corn-and-soy/