Wheat little higher

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Wheat Futures are trading a little higher Thursday morning. July Chicago Wheat is trading at 517, up 4 cents. July Kansas City Wheat is trading at 548 3/4, up 3 3/4 cents. Market chatter about weather in the U.S. and in Europe has been making the rounds and has led to some buying. The USDA is scheduled to report weekly export sales for wheat this morning, the estimates are for 350,000 tonnes. Chatter is making the rounds that Russian exports during May will be well over a million tonnes to clean up supplies and make room for the new crop of wheat.
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