December wheat was 1 3/4 cents higher overnight. The dollar made a new low or the year in overnight action. A lower dollar, new all-time highs in gold and broad-based support in commodity and equity markets were credited with supporting wheat into the middle of the overnight session. However, prices eased somewhat later in the overnight session as wheat and other grain markets ran out of buyers. Iraq bought 200,000 tonnes of wheat from the US, Australia and Ukraine. The USDA announced a sale of 100,000 tonnes of US hard red winter wheat to Iraq. Iraq bought 200,000 tonnes of wheat from the US, Australia and Ukraine. The USDA announced a sale of 100,000 tonnes of US hard red winter wheat to Iraq. December wheat has traded in a relatively narrow range since Tuesday. This has kept prices near the mid-point of the August-September range and just below the highs established after last Friday’s reports from the USDA. Export demand remains solid, but not exceptional ahead of tomorrow’s weekly Export Sales report. Cumulative US export sales are running about 3.6% behind the average pace for this point in the crop year, but recent totals have been coming in well above the average sales pace of 462,100 tonnes that are needed each week to reach the USDA’s current export projection. Iraq bought 200,000 tonnes of wheat from the US, Australia and Ukraine yesterday, and the USDA also announced a sale of 100,000 tonnes of US hard red winter wheat to Iraq. Private forecasters continue to nudge France’s soft wheat production higher for the current year as losses from a heat wave this summer appear to have been less severe than earlier forecasts. Dry spots continue to emerge in the hard red winter wheat belt on the US Plains with dry conditions now prevailing in much of the Midwest despite a line of heavy rains that moved through the north central Midwest yesterday. Traders indicate that this is providing background support into the winter wheat planting season, but traders are more concerned with outside markets and corn along with fund activity in wheat at this point. Japan bought 100,339 tonnes of wheat this week on its regular tender.