CBOT wheat higher on fund buying, spillover strength

CHICAGO, March 5 (Reuters) - Chicago Board of Trade wheat futures ended higher on Thursday on support from managed money buying and spillover strength from rising corn futures.

• Broad-based fund buying of wheat and other agricultural commodities as a hedge against inflation has boosted prices.

• The U.S. Department of Agriculture reported weekly U.S. wheat export sales for 2025/26 were 203,100 metric tons. Analysts expected 200,000 to 500,000 metric tons. EXP/WHE

• Canadian farmers intend to plant 26.7 million acres of wheat in 2026, Statistics Canada said. Analysts expected 26.4 million acres.

• CBOT May soft red winter wheat WK26 settled 15-1/2 cents higher at $5.83-3/4 per bushel.

• K.C. May hard red winter wheat KWK26 settled 20 cents higher at $5.92-1/2 per bushel, and Minneapolis May spring wheat MWEK26 settled 10-1/4 cents higher at $6.19-1/2 per bushel.