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September Chicago Wheat is trading at 404 1/4, up 3 cents/bushel. December Chicago Wheat is trading at 430 1/2, up 2 1/2 cents/bushel. September Kansas City Wheat is trading at 409, up 2 1/2 cents/bushel.
Wheat futures are trading higher Wednesday after setting new contract lows on Tuesday.
Market chatter about European weather and the U.S. wheat harvest is making the rounds.
The USDA weekly export sales report is due out Thursday morning. The agency is scheduled to release the World Agricultural Supply and Demand Estimates Report (WASDE) and wheat crop production data Friday August 12th.
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