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Wheat futures are trading a few cents higher in the front months for all three major classes. Funds were estimated net sellers of 3,000 contracts of CBOT wheat yesterday. Wheat tour yields in SE regions are being reported at 64.6 bpa, well above last year’s 48bpa. In export news, Turkey was said to be tendering for 165,000 MT of wheat and Algeria is retendering for 50,000 MT of durum. Pakistan was said to have bought 130,000 MT of Black Sea wheat. Russian prices continue to slip due to local harvest pressure. Egypt took advantage of the price decline to schedule a buying tender overnight. Results are expected later this morning. A Russian group called IKAR is projecting the crop there will be 56.3 MMT, well above year ago, as well as the USDA estimate of 53 MMT. Other sources doubt the crop is that large.