CBOT Trends-Wheat up 3-5 cents, corn up 1-3, soybeans up 1-4

CHICAGO, Aug 21 (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 Thursday.

WHEAT - Up 3 to 5 cents per bushel

• Wheat futures Wv1 higher on short covering and bargain buying, and spillover support from firmer corn and soybeans.

• The U.S. Department of Agriculture reported net U.S. wheat export sales at 722,900 metric tons in the week ended August 14, near the high end of trade estimates for 500,000 to 800,000 tons.

• The Taiwan Flour Millers' Association purchased an estimated 90,200 metric tons of milling wheat to be sourced from the United States in a tender on Thursday, European traders said.

• Grain consultancy Sovecon said on Wednesday it had raised its forecast for Russia's 2025 wheat crop to 85.4 million metric tons (mmt), up from a previous estimate of 85.2 million tons, citing improved prospects in Siberia and the Urals.

• CBOT December soft red winter wheat WZ25 was last up 4-1/2 cents at $5.32-3/4 per bushel. K.C. December hard red winter wheat KWZ25 was last up 4-1/2 cents at $5.27-3/4 per bushel, and Minneapolis December wheat MWEZ25 was last 5 cents at $5.94 a bushel.

CORN - Up 1 to 3 cents per bushel

• Corn futures Cv1 higher as mixed results from a closely watched Midwest crop surveying tour cast doubt on a lofty harvest outlook released by the USDA last week. Strong export demand was also supportive.

• Crop scouts on the annual Pro Farmer Midwest crop tour has found above-average yield prospects in Illinois and western Iowa on Wednesday. But the tour's estimated average yield for Illinois, the No. 2 producing state, was down from last year.

• Traders are awaiting further reports from day 4 of the tour, with scouts surveying fields in eastern Iowa and Minnesota. Pro Farmer will release its final crop outlook on Friday, drawing from tour observations.

• The USDA reported net new-crop U.S. corn export sales at 1,133,000 metric tons in the week ended August 14, above trade estimates for 900,000 to 2,000,000 tons.

• Argentina's corn planting area is expected to rise 9.6% in the upcoming 2025/26 season thanks to abundant rains, the Buenos Aires Grains Exchange said.

• CBOT December corn CU25 was last up 2-3/4 cents at $4.06-3/4 per bushel.

SOYBEANS - Up 1 to 4 cents per bushel

• Soybean futures Sv1 higher on solid new-crop U.S. export sales and spillover support from higher corn. But Chinese demand concerns and strong U.S. crop prospects anchoring prices.

• Crop scouts on the annual Pro Farmer Midwest crop tour has found above-average soy production potential in Illinois and western Iowa on Wednesday.

• Traders are awaiting further reports from day 4 of the tour, with scouts surveying fields in eastern Iowa and Minnesota. Pro Farmer will release its final crop outlook on Friday, drawing from tour observations.

• The USDA reported net new-crop U.S. soybean export sales at 2,047,800 metric tons in the week ended August 14, above trade estimates for 400,000 to 1,000,000 tons.

• CBOT November soybeans SX25 were last up 3-1/2 cents at $10.39-1/2 per bushel.