Wheat Futures Little Higher

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March Chicago Wheat is trading at 399 1/2, up 4 cents/bushel. May Chicago Wheat is trading at 413, up 4 1/4 cents/bushel. March Kansas City Wheat is trading at 407 3/4, up 4 3/4 cents/bushel. Wheat futures are trading higher after Thursday's choppy and move down to new contract lows. Market chatter about overseas wheat prices and global wheat demand is making the rounds. The USDA reported on Thursday that wheat export sales for the current year as of November 24th are now 71.1 percent of the agency forecast versus the five year average of 66.8 percent.
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Posted In: FuturesCommoditiesMarketsWheat futures
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