CBOT wheat ends lower in profit-taking setback

CHICAGO, June 20 (Reuters) - Chicago Board of Trade wheat retreated on Friday on profit-taking following gains of more than 4% in the prior session and as an advancing U.S. winter crop harvest boosted supplies.

• CBOT July soft red winter wheat WN25 settled down 6-1/2 cents at $5.67-3/4 per bushel after earlier rising to its highest point since March 24. The contract was up 4.2% from a week ago, the strongest weekly percentage gain in 10 weeks.

• K.C. July hard red winter wheat KWN25 last traded 8-1/4 cents lower at $5.63 a bushel and Minneapolis July spring wheat MWEN25 fell 7-1/2 cents to finish at $6.38-3/4 a bushel.

• Rains have slowed dry-down and harvesting of winter wheat in the central U.S. Plains this week, although the delays are expected to be minor, according to meteorologists.

• The U.S. Department of Agriculture said net U.S. wheat export sales in the week ended June 12 rose to 427,200 metric tons, a three-week high that was in line with trade estimates for 300,000 to 600,000 tons. EXP/WHE

• Top wheat importer Egypt expects shipments from France and other European countries in the coming days and weeks, the state grain buyer said, as it pushes ahead with efforts to bolster the country's strategic reserves and diversify supply sources.