Related Keywords: Agriculture Email Print | September Wheat finished down 23 3/4 at 678 3/4, 23 1/4 off the high and 3/4 up from the low. December Wheat closed down 24 1/4 at 711. This was 2 1/2 up from the low and 24 1/2 off the high. December wheat traded sideways to lower overnight, and then sold off to start the day session and then again into early afternoon. Traders said that selling reflected disappointment over the lack of US participation in two big wheat sales to North African importers. Egypt bought 240,000 tonnes of wheat from France on a tender that was announced yesterday afternoon. The US had been the sole seller on a similar sized transaction about one week ago. France slightly increased its estimate of this year’s soft wheat crop earlier this week which helped to bring lower EU wheat prices into this morning. Traders also announced that Algeria may have bought a total of 600,000 tonnes of French soft wheat. The USDA announced a sale of 109,000 tonnes of hard red winter wheat to an unknown destination this morning. The sale was for delivery during the 2010/11 crop marketing year. Rain in the forecast for Russia to help get the winter wheat planted along with news from Stats Canada that July 31st wheat stocks came in well above expectations at 7.82 million tonnes, a four-year high, added to the negative tone. December Oats closed up 1 at 304. This was 3 1/2 up from the low and 3 1/2 off the high.Bron:CME