“WK is down to 5.32 on forecast of needed rains in Ukraine, Russia and U.S. plains. Wheat futures are becoming oversold. KWK may have found support near 5.60. MWK may have found support near 5.80. Weekly U.S. wheat export sales were only 3.7 mil bu. Season to date commit is near 767 mil bu vs 688 last year. USDA goal is 835 vs 707 ly. Sales were lower than expected. Fact USDA could estimate more March 1 wheat stocks than last year offers resistance to futures,” pointed out Steve Freed with ADM Investor Services.