CBOT wheat ends down after hitting contract lows this week

 CHICAGO: Chicago Board of Trade (CBOT) wheat futures fell on Wednesday, failing to rebound after hitting contract lows this week following concerns over international demand for US supplies.

* CBOT May soft red winter wheat fell 1-1/2 cents to $4.66-3/4 a bushel.

* K.C. May hard red winter wheat rose 1-1/4 cents to end at $4.45-1/2 a bushel, while MGEX March spring wheat fell 1 cent to $5.54 a bushel.

* Stiff global competition has weighed on wheat futures recently. All Chicago and K.C. wheat futures contracts posted contract lows earlier this week.

* Russia, the world's largest wheat exporter, does not plan to impose restrictions on grain exports, the Agriculture Ministry said on Wednesday.