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Wheat futures are trading mostly 1 to 5 cents higher this morning. They settled 10 to 11 1/4 cents lower in KC and MPLS, and 13 to 14 1/4 cents lower in CHI on Tuesday. The potential for a record Russian wheat production is pressuring the US wheat markets as it would presumably be followed by record exports. Through July 25, nearly 26% of the Russian crop had been harvested with an average yield of 61.9 bu/ac, compared to 49.1 bu/ac at this time last year. The NE wheat harvest is 17 points ahead of the state’s 5 year average pace. Statewide spring wheat conditions in MN, and SD were down 4 points week over week, while the ND condition rating declined by 7 points. From the initial 2016 season ratings, the condition score is down 5 points in MN, 16 points in ND, and 49 points in SD.