Hard red winter wheat futures at the Kansas City Board of Trade closed lower on Friday on slow exports of US wheat and a big global wheat surplus. KCBT HRW wheat for July was down 13-1/4 cents per bushel at $6.30-1/2. Underlying support from slow seedings of the US spring wheat crop. Japan seeking to buy 20,000 tonnes of feed wheat in a tender closing on May 22.
Taiwan millers pass on tender for US wheat Drought to cut Hungary's 2009 wheat crop - think tank. Argentina's new wheat crop in doubt despite rains. Cold and wet weather continues to threaten US spring wheat crop, generally good crop development weather in southern US Plains HRW wheat region, dryness a concern in Australia and more rain needed in Argentina.