CBOT wheat futures higher

Chicago Board of Trade wheat futures closed higher on Wednesday on technical buying, including short-covering, and worries about declining US crop condition ratings, traders said. CBOT December soft red winter wheat settled up 3-1/2 cents at $5.15-1/2 per bushel.

K.C. December hard red winter wheat ended up 1/4 cent at $4.26 a bushel while MGEX December spring wheat fell 2 cents to settle at $5.01-1/4. Traders were liquidating and/or rolling positions in December futures in all three US wheat markets ahead of first notice day for deliveries on November. 29.