CHICAGO, June 11 (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 - Up 3 to 5 cents per bushel
CBOT wheat ticked up as U.S. President Donald Trump said on Wednesday the U.S. had reached a deal with China in the ongoing trade spat between the world's two largest economies. China is a major importer of U.S. agricultural goods.
The U.S. Consumer Price Index increased marginally in May amid cheaper gasoline, but inflation is expected to accelerate in the coming months on the back of the Trump administration's import tariffs.
Better-than-expected crop condition ratings this week kept a lid on prices. The U.S. Department of Agriculture rated the nation's spring wheat in 53% good to excellent condition, above the previous week's rating and analyst predictions.
Rainy forecasts could continue to delay harvests in the U.S. Southern Plains, according to forecaster Commodity Weather Group.
CBOT July soft red winter wheat WN25 was last up 4-1/4 cents at $5.38-3/4 per bushel. K.C. July hard red winter wheat KWN25 rose 5-1/4 cents to $5.32-1/2 per bushel, and Minneapolis July spring wheat MWEN25 gained 6-1/2 cents to $6.19-3/4 per bushel.
CORN - Up 3 to 6 cents
CBOT corn bounced up on news of a deal reached in the trade war between the U.S. and China.
Beneficial growing weather with mild temperatures and showers is expected to aid crop development in the U.S. Midwest.
The USDA's weekly crop progress report said 71% of the country's corn crop was in good to excellent condition as of Sunday, up from 69% the week prior and slightly above the average estimate from a Reuters survey of analysts.
Taiwan's MFIG purchasing group bought about 65,000 metric tons of animal feed corn expected to be sourced from Brazil, in an international tender on Wednesday, European traders said.
CBOT July corn CN25 was last up 5 1/2 cents at $4.44-1/4 per bushel.
SOYBEANS - Up 3 to 5 cents
CBOT soybeans Sv1 gained strength as Trump announced a trade deal had been reached between China, the world's largest importer of soybeans and the U.S., the world's number two supplier of the oilseed.
Mild weather with some rains is expected to benefit soybean crop growth in the U.S. Midwest.
July soybeans SN25 were last up 3-1/2 cents at $10.61-1/4 per bushel.