Wheat Extends Losses

Wheat futures settled lower on Tuesday extending Monday's losses. Trading was very choppy and selling picked up near the end of the trading session. September Chicago Wheat settled at 524 3/4, down 8 cents and December Chicago Wheat settled 533 1/4, down 9 1/4 cents. September Kansas City Wheat settled 518, down 7 1/2 cents and December Kansas City Wheat settled at 537 3/4, down 7 1/2 cents.