March Chicago Wheat is trading at 429 1/2, down 1 1/2 cents/bushel. May Chicago Wheat is trading at 444, down 2 cents/bushel. March Kansas City Wheat is trading at 451, down 1 1/4 cents/bushel.
Wheat futures are trading rangebound.
The USDA weekly export sales report for wheat is due out Friday morning.
Argentina's wheat harvest is almost done, production is estimated to be around 15.0 million tonnes versus 14.4 million tonnes on the most recent USDA estimate .
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