The US Agriculture Department (USDA) on Friday morning said that weekly export sales of wheat totaled 365,100 tonnes, in line with trade estimates that ranged from 175,000 to 600,000 tonnes.
Wheat slid again overnight, poised for a fifth consecutive session of losses as a strong winter wheat outlook pressures the market and beneficial rains aid in crop development.
The CBOT's most-active wheat contract dipped below its 50-day moving average overnight.