CBOT wheat eases on concerns over U.S. export demand
CHICAGO, March 4 (Reuters) - Chicago Board of Trade wheat futures ended softer on Thursday on concerns about increased competition for export business and gains in the U.S. dollar, which makes American farm goods less attractive to foreign buyers, analysts said.
* Ukraine could boost grain export shipments in the 2021/22 July-June season as the country's harvest may reach a record high, the deputy economy minister in charge of agriculture said. He said the 2021 harvest could include 29-30 million tonnes of wheat, up 25.1 million tonnes of wheat in 2020.
* The U.S. Agriculture Department said weekly export sales of U.S. wheat totaled 242,700 tonnes, in line with market forecasts.
* The Taiwan Flour Millers' Association purchased an estimated 100,410 tonnes of milling wheat to be sourced from the United States in a tender that closed on Thursday, European traders said.
* CBOT May soft red winter wheat ended down 5 cents at $6.51 per bushel.
* K.C. May hard red winter wheat fell 5 cents to $6.21 a bushel, while MGEX May spring wheat edged up 1/2 cent to settle at $6.43-1/2 a bushel. (Reporting by Tom Polansek; Editing by Daniel Wallis)
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