May wheat was trading 2 3/4 cents lower late in the overnight session. Outside market forces look slightly bearish this morning. The market is finding support from solid export demand news and fairly aggressive short-covering from fund traders. Focus will begin to shift more and more toward weather as parts of western Kansas, western Oklahoma and West Texas are still in need of more rain to ease drought conditions. At the end of February, Kansas crops are rated 52% good to excellent, up 3 points for the month. Oklahoma crops are now ranked 67% good to excellent, up 13 points and Texas was 31% good to excellent, up 5%. May wheat closed 10 1/2 cents higher on the session Friday and managed to see a late rally to push to the highest level since February 8th. The late buying helped drive the market up 33 1/4 cents on the week. The weak US dollar and a negative tilt to supply news helped to spark the early selling to push the market to a new 3-day low but buyers emerged to support a strong rally and higher trade on the day. Once again, traders said that short-covering appears to be the positive force for the session as fund traders move out of shorts ahead of the weekend. Morocco is expected to import 1.0-1.1 million tonnes of soft wheat during the March to May time frame. The government has suspended import duties on the commodity for two months. Continued talk of Thursday's sale of 120,000 tonnes of US wheat to Iran added to the positive tone. The Commitments of Traders reports as of February 28th showed Non-Commercial traders were net short 51,363 contracts, a decrease of 8,217 contracts for the week and the strong short-covering trend from fund traders is seen as a short-term positive force. Non-Commercial and Nonreportable combined traders held a net short position of 66,174 contracts, down 10,347 for the week. Commodity Index traders held a net long position of 213,525 contracts, up 4,088 contracts for the week and the buying trend is seen as positive. Turkey's state owned grain agency sold a total of 200,000 tonnes of wheat and barley. There were 3 deliveries of wheat this morning which brings the total for the month to 9.