CHICAGO: US wheat futures were mostly lower on Friday, giving back a portion of gains from earlier this week as investors squared positions ahead of a government crop report due on Monday, traders said.
* Chicago Board of Trade wheat edged lower, further pressured by steep declines in European milling wheat prices , while K.C. hard red winter were narrowly mixed and MGEX spring wheat futures were mostly higher.
* Most actively traded CBOT wheat gained 0.8 percent for the week, recouping a small part of the roughly 10 percent losses seen over the previous two weeks.
* The US Department of Agriculture earlier said US wheat export sales in the week ended Sept. 1 totaled 661,100 tonnes, above a range of trade estimates for 300,000 to 500,000 tonnes.
* Russia's SovEcon agriculture consultancy has downgraded its forecast for Russia's 2016 grain crop to 70.8 million tonnes from a previously expected level of 71.3 million tonnes.
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