USDA Export Sales; Wheat Futures Higher

The USDA reported today that wheat export sales for the week ending December 1st totaled 503,100 tonnes. Sales were up 4 percent from the previous week and down 22 percent from the four week average March Chicago Wheat is trading at 405, up 4 cents/bushel. May Chicago Wheat is trading at 417, up 4 1/2 cents/bushel. March Kansas City Wheat is trading at 404 3/4 , up 4 3/4 cents/bushel.