Wheat Futures Mixed

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May Chicago Wheat is trading at 457 1/2, down 1 cent/bushel. May Kansas City Wheat is trading at 474 3/4 , up 3/4 of a cent/bushel. Wheat futures are trading a little above the session lows. Trading is rangebound. Chatter about various weather forecasts for the U.S. is making the rounds. The USDA reported on Monday that wheat export inspections as of March 2nd are now 69.8 percent of the agency forecast versus the five year average of 73 percent.
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