Wheat little higher

Wheat futures are trading a little higher Wednesday morning. July Chicago Wheat is trading at 469 3/4, up 3 1/4 cents and July Kansas City Wheat is trading at 494 3/4, up 4 1/2 cents. Market chatter about overseas weather and crop production has led to some selling on rallies. Market talk that in mid may Russia will lift export taxes and set a new rate has been making the rounds.
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