CBOT wheat falls on rising dollar

CHICAGO, March 3 (Reuters) - Chicago Board of Trade wheat futures ticked lower on Tuesday, under pressure from a higher dollar and the end of a short-covering rally that had supported prices the previous week.

• Improving weather for the U.S. winter wheat crop and a sharp rally in the dollar have heaped pressure on wheat prices, which have struggled under an ample global supply of wheat.

• Rain in the U.S. wheat belt is improving conditions for the crop, though dryness remains a concern, an analyst note said.

• CBOT May soft red winter wheat WK26 settled 3-1/4 cents lower to end at $5.74 per bushel.

• K.C. May hard red winter wheat KWK26 rose 3-1/2 cents to end at $5.78-1/4 per bushel, and Minneapolis May spring wheat MWEK26 settled 3-1/4 cents higher to end at $6.13-1/4 per bushel.