CBOT wheat falls on tariff concerns, snow protection in U.S. Plains

CHICAGO, Feb 26 (Reuters) - Chicago Board of Trade wheat futures ended lower on Wednesday as the crop emerged with little damage after a week of cold temperatures in the U.S. Plains, according to analysts, and traders worried that tariffs on imports from Canada and Mexico set to go into effect on March 4 could spark retaliation.

• CBOT May soft red winter wheat WK25 settled down 8 cents at $5.79-3/4 per bushel,

• K.C. May hard red winter wheat KWK25 ended down 7 cents at $5.98-1/2 a bushel and Minneapolis May spring wheat MWEK25 was unchanged to finish at $6.17-3/4.

• Wheat futures were under pressure 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 in March after a 30-day delay.

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