CBOT Trends-Wheat steady-up 1 cent a bushel, corn down 2-4 cents, soy down 9-11 cents

CHICAGO, Jan 30 (Reuters) - Following are U.S. expectations for the resumption of grain and soy complex trading at the Chicago Board of Trade at 8:30 a.m. CST (1430 GMT) on Thursday.

WHEAT - Flat to up 1 cent per bushel

CBOT wheat Wv1 traded nearly flat after rising sharply on Wednesday on expectations of a tightening supply.

Russia's Sovecon agricultural consultancy lowered its Russian wheat export forecast for the 2024-25 season to 42.8 million tonnes from 43.7 million, reflecting a slow shipment pace and challenging export conditions.

The U.S. Department of Agriculture reported 2024-25 export sales of U.S. wheat for the week ended Jan. 23 at 456,100 metric tons, compared to analysts' expectations for 150,000-500,000 metric tons.

Traders are waiting to see whether U.S. President Donald Trump follows through on threats to impose tariffs on trading partners, such as Mexico and Canada, slated to begin on Feb. 1.

CBOT March soft red winter wheat WH25 was last up 3/4 cent to $5.63-1/4 a bushel. K.C. March hard red winter wheat KWH25 was last up 1-1/4 cents to $5.81-1/2 a bushel, while Minneapolis March spring wheat MWEH25 was up 2-3/4 cents to $6.16-1/2 a bushel.

CORN - Down 2 to 4 cents per bushel

CBOT corn Cv1 fell on improved weather expectations for Argentina, after prices hit a 15-month peak the previous day on concerns over hot, dry conditions there.

Forecasts showed better chances for showers in Argentina into the first half of February, according to Commodity Weather Group, aiding crop development.

The USDA reported weekly 2024-25 export sales of U.S. corn at 1.4 million metric tons, within analysts' expectations for 850,000-1.8 million metric tons.

CBOT March corn CH25 was last down 3-1/2 cents to $4.93-1/2 per bushel.

SOYBEANS - Down 9 to 11 cents per bushel

CBOT soybeans Sv1 fell on Argentina's improved weather outlook, after hovering near a six-month high the previous day.

Rains in Brazil, the world's biggest soy exporter, are expected to continue to slow harvesting there.

The USDA reported weekly 2024-25 export sales of U.S. soybeans at 438,000 tons, below analysts' expectations for 450,000-1.7 million metric tons.

Traders worry Trump will impose tariffs on major crop importers such as Mexico and China, sparking retaliation that hurts U.S. grain exports.

CBOT March soybeans SH25 were last down 10-3/4 cents to $10.49-3/4 per bushel.