CBOT wheat higher on spillover support

CHICAGO, Feb 5 (Reuters) - Chicago Board of Trade wheat futures ticked up with spillover support from soybeans on Thursday, though improving weather in the Black Sea region capped prices.

• Soybeans continued their rally that began on Wednesday after U.S. President Donald Trump said China was "lifting the soybean count to 20 million tons for the current season," suggesting China could buy 8 million metric tons of U.S. soybeans in 2025/26 on top of approximately 12 million tons already booked since the trade truce in late October.

• Nearly all Russian crops were in normal condition as of Thursday, Deputy Prime Minister Dmitry Patrushev was quoted as saying.

• Wheat traders have been monitoring severe cold in the U.S., Russian and Ukrainian production belts, but snow cover is expected to limit potential crop losses.

• January weather conditions did not have a negative impact on Ukrainian winter crops despite severe frosts in the last week of the month, state weather forecasters said on Tuesday.

• CBOT March soft red winter wheat WH26 closed 8-1/2 cents higher at $5.35-1/4 per bushel.

• K.C. March hard red winter wheat KWH26 closed 8-1/4 cents higher at $5.38-1/2 a bushel. Minneapolis March spring wheat MWEH26 closed 5-1/2 cents higher at 5.7-1/2 a bushel.