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Wheat Little Lower

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Wheat futures are trading lower early Wednesday morning. September Chicago Wheat is trading at 519 1/4, down 5 1/2 cents and December Chicago Wheat is trading at 528, down 5 1/4 cents. September Kansas City Wheat is trading at 514 1/2, down 3 1/2 cents and December Kansas City Wheat is trading at 533 3/4, down 4 cents.

Market chatter about abundant wheat supplies in the black sea region has led to some selling on rallies. Egypt bought 175,000 tons of wheat, all of it from Russia. Market chatter about North American weather is making the rounds.

 

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Posted-In: WheatFutures Commodities Markets

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