CBOT wheat ends higher on winter forecast in U.S. and Russia

CHICAGO, Jan 23 (Reuters) - Chicago Board of Trade wheat futures closed higher on concerns about the impacts of winter weather in the U.S. and Russia, as well as a falling dollar.

• CBOT March soft red winter wheat WH26 settled up 14 cents at $5.15-1/2 per bushel.

• K.C. March hard red winter wheat KWH26 ended up 15 cents at $5.40-3/4 a bushel and Minneapolis March spring wheat MWEH26 rose 1-1/4 cents to finish at $5.75 a bushel.

• U.S. President Donald Trump on Wednesday said he had secured U.S. access to Greenland in a deal with NATO, which came as he backed off tariff threats against Europe and ruled out taking the autonomous territory of Denmark by force.

• A lower dollar in theory makes U.S. exports cheaper and more competitive on the U.S. market.

• A massive winter storm was forecast to bring beneficial moisture to the U.S. southern Plains, but frigid temperatures in its wake could threaten winter wheat in areas lacking protective snow cover.

• Cold also threatened wheat in top exporter Russia, though traders said world grain supplies were ample.

• U.S. wheat export sales for 2025/26 delivery were 618,100 metric tons in the week that ended on January 15, the U.S. Department of Agriculture said. That beat analysts' estimates of 150,000 to 450,000 metric tons.