CBOT Trends-Wheat steady-up 2 cents, corn up 3-5, soybeans up 3-12 cents

CHICAGO, May 7 (Reuters) - The 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. CDT (1330 GMT) on Wednesday.

WHEAT - Steady to up 2 cents per bushel

CBOT wheat futures received support from reports of a planned meeting between senior U.S. and Chinese officials, which boosted hopes that tariff tensions would ease between the world's two largest economies.

U.S. Treasury Secretary Scott Bessent and chief trade negotiator Jamieson Greer will meet China's economic tsar He Lifeng in Switzerland this weekend for talks that could be the first step toward resolving a trade war disrupting the global economy.

Henan province, a key wheat-producing region in China, has issued a risk warning as dry, hot winds threaten the development of its wheat crop.

Wheat futures were pressured by a firming U.S. dollar, which rose against other major currencies as investors looked towards the outcome of the Federal Reserve policy meeting and tariff negotiations.

CBOT July soft red winter wheat WN25 was last up 1-3/4 cents at $5.37-3/4 per bushel. K.C. July hard red winter wheat KWN25 was last down 3 cents at $5.35 a bushel, while Minneapolis July spring wheat MWEN25 was last down 2-1/2 cents to $6.08 a bushel.

CORN - Up 3 to 5 cents per bushel

Corn futures headed up as traders hoped news of negotiations between senior U.S. and Chinese officials could begin to resolve the trade war causing chaos in the global economy.

Favorable weather over the next 10 days in the U.S. Midwest is expected to provide seeding opportunities, according to Commodity Weather Group.

South Korea's Major Feedmill Group (MFG) has issued an international tender to purchase up to 140,000 metric tons of animal feed corn sourced from South America or South Africa only, European traders said on Wednesday.

Leading South Korean feedmaker Nonghyup Feed Inc. (NOFI) purchased around 66,000 metric tons of animal feed corn in a private deal on Wednesday without an international tender being issued, European traders said.

CBOT July corn CN25 was last up 4-1/2 cents to $4.60 per bushel.

SOYBEANS - Up 3 to 12 cents per bushel

Soybean futures rallied as news of talks between senior U.S. and Chinese officials caused optimism among investors that trade tensions surrounding U.S. tariff policy might ease.

Dry weather in parts of the U.S. Midwest is expected to bring seeding opportunities, according to Commodity Weather Group.

CBOT July soybeans SN25 were last up 10-1/2 cents at $10.51-3/4 per bushel.