Wheat Moves Down

July Chicago Wheat is trading at 508 1/2, down 6 3/4 cents. July Kansas City Wheat is trading at 540, down 6 1/2 cents. Trading is a little weak after a fairly steady overnight trade. Chatter that commercial interests hedging Chicago Wheat has been making the rounds. Chatter about European and Canadian weather is making the rounds. Market talk about the historic rains in the western Plains continues to get attention.