Wheat higher

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Wheat futures are higher Thursday morning. May Chicago Wheat is trading at 502, up 3 1/4 cents. July Chicago wheat 502 3/4, up 3 3/4 cents. May Kansas City Wheat is trading at 519 1/4, up 7 1/4 cents. Market chatter about weather and crop conditions continues to keep both buyers and sellers active in a narrow trading range. Large global supplies and chatter that U.S. wheat still has competition on global markets continues to bring sellers in on rallies. Today's Weekly USDA wheat export sales are estimated to be 275,000 tonnes for new crop.
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