Wheat futures are trading a little lower Tuesday. Chatter about weather in Europe and the Plains in the U.S. continues. Market about positioning ahead of today's USDA report due at 12:00 p.m. ET has led to a little selling.
On Monday, the USDA reported weekly wheat export inspections of 322,016 tons.
May Wheat is trading at 526 3/4, down 3 1/2 cents. July Chicago wheat is trading at 529, down 4 1/4 cents. May Kansas City Wheat is trading at 573, down 3 1/4 cents.
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