CBOT Trends-Wheat down 5-10 cents, corn down 1-3, soybeans up 3-6

CHICAGO, Feb 27 (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 - Down 5 to 10 cents per bushel

Wheat futures Wv1 down for a fourth straight session after the U.S. Department of Agriculture (USDA) projected a rise in U.S. plantings and supplies during its annual Outlook Forum on Thursday.

Actively traded May CBOT wheat CK25 hit overhead technical resistance at its 100-day moving average during overnight trading but held chart support at its 50-day moving average.

The USDA on Thursday projected U.S. farmers would plant 47.0 million acres of wheat in 2025, up from 46.1 million last year.

In a weekly report, the USDA pegged net old-crop U.S. wheat export sales at 269,000 metric tons, below trade estimates for 300,000 to 600,000 tons. WHE/EXP

CBOT May soft red winter wheat WK25 was last down 7-3/4 cents at $5.72 per bushel. K.C. May hard red winter wheat KWK25 was last down 6-3/4 cents at $5.91-3/4 a bushel and Minneapolis May spring wheat MWEK25 was down 3-1/2 cents at $6.14-1/4 a bushel.

CORN - Down 1 to 3 cents per bushel

Corn futures Cv1 weaker after the USDA projected U.S. farmers would plant a record crop in 2025. Lower-than-expected weekly export sales and ongoing worries about rising global trade tensions adding pressure.

The USDA projected U.S. farmers would plant 94.0 million acres of corn in 2025, up from 90.6 million last year and above the average trade estimate of 93.6 million.

Net U.S. corn export sales last week fell to 794,700 metric tons for shipment in the 2024/25 marketing year, below trade estimates for at least 900,000 tons. EXP/CORN

CBOT May corn CK25 was last down 3 cents at $4.90-1/2 per bushel.

SOYBEANS - Up 3 to 6 cents per bushel

Soybean futures Sv1 higher as the USDA forecast a sharp drop in U.S. acres in 2025 and tighter supplies. Tariff concerns and favorable South American crop weather capping gains.

The USDA on Thursday forecast U.S. farmers would plant 84.0 million acres of soybeans in 2025, down from 87.1 million last year and below the average trade estimate of 84.4 million.

Net U.S. soybean export sales last week fell to 410,900 metric tons for shipment in the 2024/25 marketing year, in line with trade estimates. EXP/SOY

CBOT May soybeans SK25 were last up 5-3/4 cents at $10.47 per bushel.