
March 26 (Reuters) - Chicago Board of Trade wheat futures fell on Wednesday as increased security was expected for Black Sea shipping because of agreements with Ukraine and Russia, according to analysts.
CBOT May soft red winter wheat WK25 settled down 8 cents at $5.35-1/4 a bushel.
K.C. May hard red winter wheat KWK25 ended down 4-1/4 cents at $5.65 per bushel and Minneapolis May spring wheat MWEK25 fell 3-1/4 cents to end at $5.85-1/4 per bushel.
The United States reached deals on Tuesday with Ukraine and Russia to pause attacks at sea and against energy targets.
However, wheat futures received some support as Russia said that a number of conditions must be met before a Black Sea security deal with Ukraine can be activated.
Rains in southern Russia over the next 6-10 days are expected to ease wheat stress, according to Commodity Weather Group.