CBOT wheat futures higher

CHICAGO: Chicago Board of Trade soft red winter wheat futures rose on Wednesday, recovering from early weakness after finding technical support when the benchmark December contract neared its five-day moving average.

But the contract failed to take out the one-month high of $5.42 a bushel it hit on Tuesday.

The most-active CBOT soft red winter wheat contract has posted a higher close in nine of the last 10 trading sessions.

K.C. hard red winter wheat and MGEX spring wheat contracts also ended in positive territory. Jordan's state grains buyer purchased 60,000 tonnes of hard milling wheat to be sourced from optional origins in a tender that closed on Wednesday, traders said.