CBOT wheat higher on technical trading

CHICAGO, Jan 14 (Reuters) - Chicago Board of Trade wheat futures settled higher on Wednesday on a technical bounce following losses in previous sessions.

• CBOT grains rebounded after falling for the previous two sessions under pressure from bearish U.S. Department of Agriculture crop data released on Monday, analysts said.

• Russia's IKAR consultancy raised the country’s grain export potential for the 2025/26 season to 60.2 million metric tons from 57.8 million tons, but warned the target may not be met due to a poor crop in the south.

• An easing dollar and strength across commodity markets, supported by geopolitical turbulence, also helped underpin grains.

• CBOT March soft red winter wheat WH26 settled 2 cents higher at $5.12-1/2 per bushel.

• K.C. March hard red winter wheat KWH26 settled 2-3/4 cents higher at $5.22-1/4 a bushel while Minneapolis March spring wheat MWEH26 added 1/2 cent to finish at $5.67 a bushel.