Wheat Extends Losses

July Chicago Wheat is trading at 491 1/2, down 12 1/4 cents. December Chicago Wheat is trading at 512 1/4, down 12 1/2 cents. July Kansas City Wheat is trading at 511, down 15 cents. December Kansas City Wheat is trading at 538, down 14 cents. Market talk about weather, currency values and global demand is making the rounds Monday morning. Trading is choppy and prices are near the lows of the session.