Wheat Futures Higher

September Chicago Wheat is trading at 406 1/2, up 2 1/2 cents/bushel. December Chicago Wheat is trading at 429, up 2 3/4 cents/bushel. September Kansas City Wheat is trading at 409 1/2 , up 1 3/4 cents/bushel. December Kansas City Wheat is trading at 435 3/4, up 1 3/4 cents/bushel. Wheat futures are trading a little higher. December Chicago Wheat traded at new contract lows Wednesday. Trading is rangebound. Statistics Canada estimated 2016 all wheat production at 30.49 million tonnes, up 10.5 percent versus a year ago at 27.59 million tonnes. The USDA weekly export sales report is due out at 8:30 a.m. ET.