
CHICAGO, Sept 30 (Reuters) - Chicago Board of Trade wheat futures fell following a bearish U.S. Department of Agriculture quarterly stocks report.
CBOT December soft red winter wheat WZ25 settled 11-1/2 cents lower at $5.08 per bushel.
K.C. December hard red winter wheat KWZ25 ended 10-1/2 cents lower at $4.97-3/4 a bushel and Minneapolis December spring wheat MWEZ25 fell 6-1/2 cents to finish at $5.62-3/4 a bushel.
Wheat stocks reached a five-year high of 2.120 billion bushels on September 1, up from 1.992 billion bushels a year earlier, according to the U.S. Department of Agriculture's quarterly stocks report. Analysts expected 2.043 billion bushels.
The USDA raised its estimate for U.S. wheat production to 1.985 billion bushels from 1.927 billion, sending wheat futures Wv1 lower.