CBOT wheat sinks on global harvest pressure
CHICAGO, June 26 (Reuters) - Chicago Board of Trade wheat fell for a fourth day on Thursday as an advancing U.S. harvest and rising expectations for Russian production kept the focus on ample global supply.
CBOT September soft red winter wheat WU25 settled down 7-3/4 cents to $5.36-3/4 per bushel.
K.C. September hard red winter wheat KWU25 fell 5-1/2 cents lower to end at $5.33-3/4 a bushel and Minneapolis July spring wheat MWEN25 finished down 2-1/2 cents at $6.25-1/2 a bushel.
Grain markets are also turning their attention toward the U.S. Department of Agriculture's crop progress and quarterly stocks reports due Monday.
The International Grains Council (IGC) raised its 2025/26 world wheat crop outlook by 2 million tons to 808 million on Thursday.
Wheat also felt selling pressure ahead of the first notice day for the July contracts and the U.S. Department of Agriculture's closely-watched crop progress and quarterly stocks reports due on Monday.
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