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Wheat futures ended the Tuesday session with most CBT and KC contracts steady to 4 1/4 cents lower. MPLS higher in the front months, but down fractionally in the back months. The USDA indicated on Monday that TX and OK ratings were slightly improved thanks to moisture in the Eastern areas. Taiwan mills purchased 92,465 MT of US wheat on Tuesday. Japan is seeking 119,610 MT of US, Canadian and Australian wheat in their weekly MOA tender that closes on Thursday. Of the total 32,285 MT is to be sourced from the US.

Mar 18 CBOT Wheat closed at $4.85 1/2, down 4 1/4 cents,

Mar 18 KCBT Wheat closed at $5.07, down 2 cents,

Mar 18 MGEX Wheat closed at $6.29 1/2, up 4 cents

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