Wheat futures at the Chicago Board of Trade were lower early on Thursday on a bearish number for wheat in USDA's weekly export sales report, traders said.
Big deliveries on the December contract and the lack of an aggressive commercial stopper of the deliveries also weighed on prices, they said.
At 10:15 am CST (1615 GMT), CBOT wheat was down 1-1/2 to 2-1/2 cents per bushel, with December down 2-1/2 at $3.01-1/2 per bushel. March was down 2-3/4 at $3.18. Pit sources said Calyon Financial was the main seller with 500 March.
USDA early Thursday said export sales of US wheat last week totalled 250,700 tonnes, below trade estimates for 300,000 to 500,000 tonnes.