US wheat futures fell on Wednesday, one day after notching their biggest gain in seven weeks, as traders locked in profits due to seasonal harvest pressure and concerns that the recent price declines have failed to generate much interest on the export market. At 11:28 a.m. CDT (1628 GMT), Chicago Board of Trade July wheat futures were down 6-3/4 cents at $6.07 a bushel.
CBOT July corn, which is in delivery, was down 13-1/2 cents a bushel at $6.67, while the September contract was up 1 cent at $6.26-1/2. New-crop December corn was up 1/4 cent at $6.12-3/4. CBOT July soybeans were up 1/2 cent at $13.32-3/4 a bushel. Soybean prices were hovering around their 200-day moving average.
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