Wheat Futures Little Changed

March Chicago Wheat is trading at 425 1/2, down 3/4 of a cent/bushel. May Chicago Wheat is trading at 438 3/4, down 1/2 of a cent/bushel. March Kansas City Wheat is trading at 446 3/4, up 2 cents/bushel. The USDA wheat crop report showed that as of December 1st U.S. wheat stocks were 2.073 billion bushels. The agency sees wheat ending stocks at 1.186 billion bushels. The USDA winter wheat seeding's estimate was 32.38 million acres. Global ending wheat stocks were at 253.3 million tonnes. The USDA reported on Thursday that wheat export sales as of January 5th are now 80.4 percent of the agency forecast versus the five year average of 75.2 percent.