Wheat futures on the Chicago Board of Trade, the Kansas City Board of Trade and the Minneapolis Grain Exchange were higher early on Monday in a short-covering rally ahead of the US Department of Agriculture's monthly crop report expected on Tuesday, traders said.
As of 9:39 am CST (1539 GMT), CBOT March wheat was up 10 cents at $4.83-1/4 per bushel. KCBT March wheat was up 8 cents at $4.92-1/2 and MGEX March spring wheat was up 7 cents at $5.09-1/2.