Wheat futures on the Chicago Board of Trade were lower early on Friday on continued profit-taking and long liquidation after the surge to all-time highs above $9 earlier this week, traders said. As of 9:35 am CDT (1435 GMT), CBOT December wheat was down 6-1/2 cents at $8.38-1/2 per bushel.
Kansas City Board of Trade December wheat was down 5-1/2 at $8.19-1/2 and Minneapolis Grain Exchange December spring wheat was down 4-1/2 cents at $7.85.