Wheat bounces back on positioning ahead of USDA report ...Middle East

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Wheat bounces back on positioning ahead of USDA report
Wheat rises after reaching 15-week low on bargain buying, positioning ahead of USDA report * U.S. harvest pressure, Russia rains weigh on wheat futures * U.S. Midwest weather key for direction in corn, beans (Recasts throughout; updates analyst quotes, prices, byline; changes dateline from Singapore/Paris) By Renee Hickman CHICAGO, June 26 (Reuters) – Chicago Board of Trade (CBOT) wheat bounced back on Wednesday, with the market recovering from a more than two-month low with bargain buying and positioning ahead of the U.S. Department of Agriculture’s acreage report. The most-active corn and soybean contracts edged down as the market assessed the impact of floods on crop

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