CBOT Trends-Wheat mixed, corn up 1-5, soybeans mixed

CHICAGO, May 9 (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 Friday.

WHEAT - Down 1/2 cent to up 1 cent per bushel

CBOT wheat futures were mixed as the U.S. and China prepared for weekend trade talks, which traders hoped could signal and an end to trade tensions between the world's two largest economies.

U.S. Treasury Secretary Scott Bessent and chief trade negotiator Jamieson Greer will meet Chinese economic tsar He Lifeng in Switzerland.

The dollar headed for a weekly gain versus most major currencies on Friday, after a U.S.-UK trade deal fuelled investor optimism over upcoming U.S.- China talks, and bets of imminent Fed rate cuts receded. A stronger dollar pressures futures because it tends to make U.S. exports less competitive on the global market.

Rains are expected to ease crop dryness for Southeast Europe and the Black Sea, while slowing Russian spring wheat seeding, according to Commodity Weather Group.

CBOT July soft red winter wheat WN25 was up 3/4 cent at $5.30 per bushel. K.C. July hard red winter wheat KWN25 was last up 1-1/4 cents at $5.26 a bushel, while Minneapolis July spring wheat MWEN25 was last up 3/4 cent to $6.01-1/2 a bushel.

CORN - Up 1 to 5 cents per bushel

Corn futures were higher as traders anticipated trade talks between China and the U.S. scheduled for the weekend, with hopes they might be the beginning of a resolution to trade tensions between the two countries.

Seeding progress is advancing in the U.S. Midwest, but

rain risks are increasing for the South & East Midwest late in the 6-10 and 11-15 day period, according to Commodity Weather Group.

The USDA on Monday is expected to report a sharp increase in U.S. corn production this year, according to an analyst poll.

CBOT July corn CN25 was last up 4-3/4 cents at $4.52-1/4 per bushel.

SOYBEANS - Down 1/4 cent to Up 5 cents per bushel

Soybean futures were mostly higher as investors anticipated weekend trade talks between the U.S. and China.

Planting progress is supported by drier weather in the U.S. Midwest, according to forecaster Vaisala.

Argentina's Buenos Aires grains exchange on Thursday edged up its forecast for the 2024/25 soybean harvest to 50 million metric tons, up from a prior forecast of 48.6 million tons, saying yields are proving better than previously expected.

CBOT July soybeans SN25 were last up 5 cents at $10.50 per bushel.