CHICAGO, June 3 (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 Tuesday.
WHEAT - Up 4 to 5 cents per bushel
CBOT wheat Wv1 edged higher as traders focused on tensions in the Black Sea, though better-than-expected U.S. crop ratings put pressure on prices.
The contract had risen sharply during Monday's session as a Ukrainian drone attack in Russia shifted attention back on the war between the two grain exporters.
Ukraine's 2025 grain harvest may decrease by 10% to around 51 million metric tons, compared with 56.7 million tons in 2024, according to the most pessimistic estimates, Ukrainian agriculture minister Vitaliy Koval said on Tuesday.
In its weekly crop progress report released after Monday's close, the U.S. Department of Agriculture estimated that 50% of U.S. spring wheat and 52% of winter wheat were in good to excellent condition, up from the prior week and exceeding average analyst expectations.
CBOT July soft red winter wheat WN25 was last 4-3/4 cents to $5.43-3/4 per bushel. K.C. July hard red winter wheat KWN25 was last up 2-3/4 cents to $5.42-1/2 per bushel. Minneapolis July spring wheat MWEN25 was last down 3-1/2 cents to $6.23-3/4 a bushel.
CORN - Up 3 to 4 cents per bushel
CBOT corn Cv1 gained, though a large corn crop, global competition and decent crop ratings kept a lid on prices.
The USDA's corn rating improved to 69% good-to-excellent, up a percentage point from last week and in line with trade expectations.
CBOT July corn CN25 was last up 3-3/4 cents at $4.42 per bushel.
SOYBEANS - Up 3 to 6 cents per bushel
CBOT soybeans Sv1 crept higher as concerns over the condition of the U.S. soy crop and a higher soybean crush drove prices higher.
The USDA rated 67% of U.S. soybeans in good to excellent condition in its initial ratings of the 2025 soy crop, just below an average of analyst estimates for 68% but roughly on par with previous years.
The soybean market has also been pressured by renewed trade tensions between the United States and China.
CBOT July soybeans SN25 were last up 6-1/4 cents to $10.39-3/4 per bushel.