US MIDDAY: wheat falls

10 Feb, 2010

Wheat futures fell at the Chicago Board of Trade early on Tuesday, turning lower following strength at the open as traders unloaded positions after Monday's short-covering rally fizzled. At 9:47 am CST (1547 GMT), CBOT soft red winter wheat for March delivery was down 3-3/4 cents at $4.80-1/4 a bushel. Minneapolis Grain Exchange spring wheat and Kansas City Board of Trade hard red winter wheat futures also were lower early.

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