CBOT wheat futures tick up ahead of US holiday as uncertainty surrounds Ukraine peace talks

CHICAGO, Nov 26 (Reuters) - Chicago Board of Trade wheat futures ended higher on Wednesday as traders squared positions ahead of the U.S. Thanksgiving holiday and uncertainty continued on the fate of a Russia-Ukraine peace deal, according to analysts.

• CBOT March soft red winter wheat WH26 settled up 1-1/4 cents to close at $5.40-1/2 per bushel.

• K.C. March hard red winter wheat KWH26 ended up 1-3/4 cents at $5.30 a bushel, and Minneapolis December spring wheat MWEH26 settled down 2-1/4 cents at $5.78-1/2 a bushel.

• A sharp fall in exports from Ukraine due to a rain-delayed harvest and Russian strikes on railway infrastructure supported futures.

• Meanwhile, uncertainty continued about the prospects for a peace deal between Ukraine and Russia.

• Prices remained under pressure from falling Russian prices, harvesting in Argentina and Australia, and results from a Saudi import tender on Monday have kept attention on strong competition in a well-supplied wheat market.

• The U.S. Department of Agriculture reported weekly net export sales of wheat for the week ended October 9 at 613,900 metric tons - on the high end of trade expectations.