Wheat Futures Little Changed

March Chicago Wheat is trading at 408 1/2, up 1/4 of a cents/bushel. May Chicago Wheat is trading at 420 1/4, unchanged on the day. March Kansas City Wheat is trading at 410 1/2 , up 2 cents/bushel. Wheat futures are trading rangebound. Market chatter about currency values and the price of overseas wheat is making the rounds. The USDA reported on Monday that wheat export inspections for the 2016 to 2017 marketing year as of December 1st are now 51.1 percent of the USDA forecast versus the five year average of 51.8 percent.