Wheat Futures Lower

September Chicago Wheat is trading at 421 3/4, down 5 1/4 cents/bushel. December Chicago Wheat is trading at 440 1/4, down 5 1/2 cents/bushel. September Kansas City Wheat is trading at 416 1/4 , down 2 1/2 cents/bushel. December Kansas City Wheat is trading at 442 34, down 2 cents/bushel. Wheat futures are trading at the session lows. Trading is modestly choppy. Market chatter about the price of wheat overseas is making the rounds. The USDA weekly export inspections report is due out at 11:00 a.m. ET.
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