CBOT wheat falls on low demand, trader positioning prior to USDA report

CHICAGO, Sept 10 (Reuters) - Chicago Board of Trade wheat futures fell on Wednesday as traders squared positions ahead of a monthly U.S. Department of Agriculture supply and demand report due at the end of the week and with large world supplies, according to analysts.

• The USDA is expected to report a slight decrease in U.S. wheat ending stocks in its monthly report on Friday, while world wheat stocks are forecast to rise, according to a Reuters analyst poll.

• Analysts said many countries, especially Russia, have adequate wheat stocks now.

• Russian wheat export prices continued to decline last week. Russian farmers have harvested 105 million metric tons of grain to date, according to Deputy Prime Minister Dmitry Patrushev, and the country is on track to harvest 135 million tons in line with forecasts.

• CBOT December soft red winter wheat WZ25 settled 5-1/2 cents lower at $5.15 per bushel.

• K.C. December hard red winter wheat KWZ25 fell 3-1/4 cents to end at $5.07 per bushel.

• Minneapolis December spring wheat MWEZ25 finished down 4-1/2 cents at $5.69-1/2 a bushel.