Wheat Little Higher

Wheat futures are trading a little higher early Wednesday morning. May Chicago Wheat is trading at 503, up 2 1/4 cents. July Chicago wheat is trading at 502 1/2, up 2 1/4 cents. May Kansas City Wheat is trading at 515 1/4, up 1 1/2 cents. Traders are expecting choppy trading. Market chatter about overseas price competition and large global supplies has kept sellers active. Chatter about weather in the U.S. and possible demand increases down the road has led to some buying.
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