Wheat Futures Little Lower

September Chicago Wheat is trading at 415 1/4, down 2 1/2 cents/bushel. December Chicago Wheat is trading at 439, down 2 1/4 cents/bushel. September Kansas City Wheat is trading at 407 1/4, down 1/4 of a cent/bushel. Wheat futures are trading a little lower Friday morning after Thursday's steady to higher trade. Market chatter about European Union wheat supplies and the impacts from adverse weather is making the rounds. The USDA reported on Thursday that wheat export sales as of July 14th are now 36.8 percent of the USDA forecast for the current marketing year versus the five year average of 34.8 percent.