July wheat was trading 4 1/4 cents higher late in the overnight session. Outside market forces look slightly negative but mostly quiet ahead of the US employment report. There were no deliveries against the May wheat this morning with the total for the month at 55. The market seems to be consolidating this weeks losses with a quiet inside trading day yesterday and quiet trade overnight. Outside market forces could come into play this morning if employment news is leaning one way or another. Open interest is higher this week as fund traders seem to be adding on to their hefty net short position. July wheat gave back the early gains yesterday to close near unchanged. July KC wheat held on to gain a few cents on the day and Minneapolis July wheat fell to new lows for the move and to the lowest level since November of 2010. On top of reports from Kansas of good yield potential, traders also view the outlook for more rain in the plains in the next week and a lack of cold weather as a bearish influence. There are still concerns with questionable crop conditions in the Black Sea region but European crops appear to have improved in the past few weeks. The lack of a major weather issue and the outlook for a bumper crop in the US has helped to pressure. Weekly export sales came in at 256,700 metric tonnes for the current marketing year and 454,800 for the next marketing year for a total of 711,500 which was about as expected. As of April 26th, cumulative wheat sales stand at 100.2% of the USDA forecast for 2011/2012 (current) marketing year versus a 5 year average of 96.4%. The USDA may raise exports and feeding usage for the reports on Thursday and slightly tighten the old crop ending stocks. However, traders see the winter wheat crop production report as key and the fast start to the spring wheat crop as another negative force. European milling wheat futures pushed to a two-week low pressured by talk of improving weather in France.