
CHICAGO, Feb 7 (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 Friday.
WHEAT - Down 2 to 3 cents per bushel
CBOT wheat Wv1 futures ticked down as traders continued to monitor U.S. trade policy, though cold weather in the Black Sea wheat belt continued to add a floor to prices.
Forecasts of colder weather in Russia have rekindled concern about weak early development for wheat in the region.
Wheat prices were also being underpinned by slowing shipments from Russia, the world's biggest wheat exporter, as supplies ebb and the authorities implement an export quota.
Canadian stocks of wheat were up at the end of December 2024 compared to the same date in 2023.
CBOT March soft red winter wheat WH25 was last down 2-3/4 cents to $5.85 per bushel. K.C. March hard red winter wheat KWH25 was last down 2 cents to $6.05-1/2 a bushel and Minneapolis March spring wheat MWEH25 was down 2-1/4 cent to $6.26-1/4 a bushel.
CORN - Down 2 to 3 cents per bushel
Corn futures Cv1 ticked down as traders assessed the return of rain to some parts of the parched corn belt in Argentina, the world's No. 3 corn exporter.
Market players have acted with relief that U.S. tariffs have not sparked full-blown trade conflicts impacting crop shipments.
CBOT March corn CH25 was last down 3-1/2 cents to $4.91-3/4 per bushel.
SOYBEANS - Down 4 to 5 cents per bushel
Soybean futures also fell as market players eyed rainy weather in Argentina and Brazil, two major soybean exporters.
However, sweltering temperatures in Argentina and rain delays to Brazil's soy harvest have helped underpin prices.
Traders are starting to turn their attention towards monthly supply-demand report from the U.S. Department of Agriculture next Tuesday.
CBOT March soybeans SH25 were last down 5-1/2 cents to $10.55 per bushel.