Wheat futures at the Chicago Board of Trade closed lower and fell to three-month lows early Friday amid technical fund selling and as the dollar rolled to 2005 highs, traders said. "It was all up to the funds again today, they sold another bundle," a trader said. Traders said fund selling totalled 6,000 lots. CBOT wheat closed 3-1/2 to 6 cents per bushel lower. May expired Friday down 5 cents at $2.96-1/2 per bushel. July was down 6 at $3.02-3/4 per bushel.

Copyright Reuters, 2005

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