CHICAGO, Aug 14 (Reuters) - The following are U.S. expectations for the resumption of grain and soy complex trading on Thursday:
WHEAT - Down 3 to 4 cents per bushel
Wheat futures slipped, pressured by falling corn prices and large global supplies.
The U.S. Department of Agriculture sharply raised its 2025 U.S. corn harvest outlook in a monthly report on Tuesday, sending prices of the grain tumbling. The pressure spilled into wheat, in part because it makes wheat less attractive as a livestock feed, analysts said.
Germany's 2025 wheat crop will likely jump 21.1% year-on-year to 22.42 million metric tons, with rain as harvesting started causing less damage than feared, the country's association of farm cooperatives, DRV, said on Thursday.
The USDA reported net export sales of wheat for the week ended August 7 totaling 722,800 metric tons.
CBOT September soft red winter wheat WU25 was last down 3-3/4 cents at $5.03-1/2 per bushel. K.C. September hard red winter wheat KWU25 was last down 4-1/2 cents at $5.02 per bushel. Minneapolis September wheat MWEU25 was last down 1 cent at $5.76 a bushel.
CORN - Down 3 to 5 cents per bushel
Chicago corn slid as forecasts were raised for Brazil's crop after record corn numbers from the USDA released earlier in the week.
Brazilian farmers are expected to harvest 137 million metric tons of corn in 2024/25, crop agency Conab said on Thursday, after raising its estimate for second-corn production by 5 million tons to 109.6 million tons.
The USDA projected corn yields will average 188.8 bushels per acre, up from its previous forecast of 181 bushels per acre, and that farmers will harvest 16.742 billion bushels, up from its previous estimate of 15.705 billion bushels.
The USDA reported net export sales of corn for the week ended August 7 totaling 1,959,100 metric tons.
CBOT December corn CU25 was last down 4-1/4 cents at $3.93 per bushel.
SOYBEANS - Down 5 to 8 cents per bushel
Soybean futures fell back after a six-week high fueled by a lower-than-expected U.S. government harvest forecast.
Soybeans rallied on the back of a surprise cut on Tuesday to the USDA's estimate of this year's U.S. soybean area, which led the agency to trim its production outlook.
A lack of Chinese demand for U.S. beans, as Beijing and Washington pursue uncertain trade negotiations, has tempered export sentiment. GRA/
The USDA reported net export sales of soybeans for the week ended August 7 totaling 755,400 metric tons.
CBOT November soybeans SX25 were last up 7-1/4 cents at $10.37 per bushel.