CHICAGO, July 21 (Reuters) - Chicago Board of Trade wheat futures ended lower on Monday as farmers in Russia began selling more wheat, the U.S. winter wheat harvest progressed, and weather for the spring wheat crop looked favorable.
The U.S. Department of Agriculture is expected to report that the nation's winter wheat harvest is speeding along, with a Reuters poll of analysts predicting 74% of the crop to have been harvested, compared to 63% harvested in the previous week.
The USDA is expected to rate 55% of the U.S. spring wheat crop in good-to-excellent shape, which would be a slight improvement from the previous week.
Bangladesh signed a deal on Sunday to import 700,000 metric tons of wheat annually from the United States over the next five years, in a move aimed at securing tariff relief from the Trump administration amid growing trade tensions, officials said.
The first grain from Russia's new crop has arrived on the market, traders and analysts said on Monday, as top producing regions reported early harvesting results, with an expected drop in the Rostov region and a good harvest in Stavropol.
Showers are expected to aid northern Plains and Canadian Prairies spring wheat in the coming days, according to Commodity Weather Group.
CBOT September soft red winter wheat WU25 closed down 4 cents at $5.42-1/4 per bushel.
K.C. September hard red winter wheat KWU25 ended 3-1/4 cents lower at $5.25-3/4 a bushel.
Minneapolis September spring wheat MWEU25 fell 9 cents to finish at $5.86-1/2.