CBOT wheat ends lower as Northern Hemisphere weather threats recede

CHICAGO, Feb 25 (Reuters) - Chicago Board of Trade wheat futures ended lower on Tuesday, pressured by milder weather in top global wheat supplier Russia as well as in the U.S. breadbasket, traders said.

• CBOT May soft red winter wheat WK25 settled down 5-3/4 cents at $5.87-3/4 per bushel, after dipping to $5.79-1/2, the contract's lowest since February 6.

• K.C. May hard red winter wheat KWK25 ended down 4 cents at $6.05-1/2 a bushel and Minneapolis May spring wheat MWEK25 fell 7 cents to finish at $6.28-3/4.

• Late winter frosts in Russia's southern breadbasket regions are unlikely to inflict significant damage on winter crops, the state weather forecasting agency said on Monday in a forecast for the end of February.

• Grain consultancy Sovecon raised its forecast for 2025/26 Russian wheat exports to 38.9 million metric tons, from 38.3 million tons previously, but lowered its export forecast for 2024/25 to 42.2 million metric tons.

• Broad pressure in grain markets stemmed from fears that U.S. tariffs would trigger reprisals against U.S. agricultural exports. President Donald Trump said proposed levies on imports from Mexico and Canada were on track to be implemented.

• Traders await preliminary U.S. 2025 supply and demand forecasts due on Thursday from the U.S. Department of Agriculture's annual outlook conference.

• Algeria's state grains agency OAIC is believed to have bought around 150,000 metric tons of milling wheat in an international tender which sought limited shipment to two ports only, European traders said.