CHICAGO, March 17 (Reuters) - Chicago Board of Trade wheat futures fell on Tuesday as a cold weather snap in the U.S. Plains ended and Russian wheat presented competition for U.S. crops.
Wheat futures fell as a cold weather event in the U.S. Plains passed after stressing crops already experiencing dryness.
U.S. wheat is suffering from competition from cheaper Russian crops, according to analysts.
CBOT May soft red winter wheat WK26 ended 7-1/2 cents lower at $5.89-3/4 per bushel.
K.C. May hard red winter wheat KWK26 last traded down 9-3/4 cents at $6.06-3/4 per bushel.
Minneapolis May spring wheat MWEK26 settled 9-3/4 cents lower at $6.24-1/4 per bushel.