Wheat little higher

Wheat futures are trading a little higher Thursday morning. July Chicago wheat is trading at 487 1/2, up 4 cents. July Kansas City Wheat is trading at 512 3/4, up 3 1/4 cents. The USDA Weekly export sales for Wheat are due out later today and estimates are for 350,000 tonnes. Market talk about good weather for Europe the Black Sea countries and the U.S. has led to some selling on rallies. Chatter that Russia may not wait until July to remove export taxes is making the rounds. Chatter about increased volatility for the last trading day of the month is making the rounds.
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