CBOT wheat falls for third straight day

CHICAGO: Chicago Board of Trade wheat futures fell on Friday, their third straight day of declines, after some crop-boosting rain fell in key growing areas of the US Midwest.

MGEX soft red winter wheat and K.C. hard red winter wheat also closed in negative territory.

Traders said the wheat market was under pressure as US exporters of the grain have shown few signs of fresh business in the month since Russia’s invasion of Ukraine roiled shipments from the Black Sea region.