
CHICAGO, Feb 24 (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 Monday.
WHEAT - Down 8 to 9 cents per bushel
CBOT wheat Wv1 futures fell as weather threats subsided for U.S. and Black Sea crops, where snow cover is expected to protect against freeze damage.
Wheat demand remains slack, with few purchase tenders in the market.
Russian wheat export prices continued their upward trend last week on the back of a stronger rouble and lower shipments, with analysts expecting growth to continue.
CBOT May soft red winter wheat WK25 was last down 9-1/4 cents to $5.94-3/4 per bushel. K.C. May hard red winter wheat KWK25 was last down 8-1/4 cents to $6.13-1/2 a bushel and Minneapolis May spring wheat MWEK25 was down 7-3/4 cents to $6.38-3/4 a bushel.
CORN - Down 3 to 4 cents per bushel
Corn futures Cv1 slipped from Friday's 18-month high on expectations that U.S. farmers will respond to a recent price rally by planting more corn while weather concerns in Argentina eased.
Hot temperatures are expected to ease in Argentina, a major corn exporter, an analyst note said.
Farming lender CoBank forecast U.S. farmers will plant 94.55 million acres of corn in 2025, up about 4% from 2024.
CBOT May corn CK25 was last down 4 cents to $5.01 per bushel.
SOYBEANS - Down 1 to 2 cents per bushel
Soybean futures Sv1 slipped as a bumper Brazilian crop weighed on prices.
Agribusiness consultancy AgRural on Monday trimmed its forecast for Brazil's 2024/25 soybean crop citing lower yield projections in the key states of Parana, Mato Grosso do Sul and Rio Grande do Sul amid a lack of rainfall.
CBOT May soybeans SK25 were last down 1-1/4 cents at $10.56 per bushel.