Wheat moves down

Wheat futures have moved lower Tuesday morning. September Chicago Wheat is trading at 582, down 13 1/2 cents and December Chicago Wheat is trading at 590 1/4 down 13 1/2 cents. September Kansas City Wheat is trading at 581 3/4, down 10 3/4 cents and December Kansas City Wheat is trading at 602 , down 11cents. Yesterday's t's harvest report for winter wheat showed 55% complete versus 38% last week and 55% last year. As the end of last week wheat exports for the 2015/ 2016 marketing period are just over 6% of the USDA forecast versus a 5-year average of just over 9.5%.
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