Wheat prices fell, reversing course after rising in early trade as hopes that the U.S. would see a surge in demand in anticipation that Egypt, the world's largest wheat buyer, would seek U.S. supplies for delivery in April since line of credit has been extended by the U.S., however, analysts said Egypt's state grain buyer had rejected U.S. bids after finding US priced much above world values, which sparked a sell-off in the wheat market.