Wheat Futures Little Lower

September Chicago Wheat is trading at 425 1/4, down 4 1/4 cents/bushel. December Chicago Wheat is trading at 450 1/4, down 4 1/4 cents/bushel. September Kansas City Wheat is trading at 415 1/4, down 4 3/4 cents/bushel. Wheat futures are trading a little above the lows of the day early Tuesday morning. The USDA reported on Monday that wheat export inspections as of July 14th are now 12.3 percent of the agency forecast versus the five year average of 13.1 percent. The weekly harvest report showed U.S. winter wheat harvest is about 76 percent complete versus 66 percent last week and 72 percent a year ago. The ten year average at this time of year is 72 percent.