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CBOT Trends-Wheat mixed, corn up 1-3 cents, soy down 3-5

ReutersAug 29, 2025 1:29 PM

- 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 to up 1 cent per bushel

  • Wheat futures Wv1 traded near flat, pressured by abundant global harvests and rain in wheat growing regions.

  • Traders adjusted positions at the end of the month and before a long weekend in the United States, where financial markets will be closed on Monday for the Labor Day holiday.

  • Abundant rainfall and strong soil moisture levels are expected to benefit Argentina's 2025/26 wheat crop, which is forecast to post above-average yields, the Buenos Aires Grain Exchange said on Thursday.

  • Rains in the U.S. Plains and France are expected to benefit the crop in the coming days, according to forecaster Vaisala.

  • CBOT December soft red winter wheat WZ25 was last down 3/4 cent to $5.28-1/4 per bushel. K.C. December hard red winter wheat KWZ25 was last down 1 cent to $5.14-3/4 per bushel, and Minneapolis December wheat MWEZ25 was last down 1/4 cent to $5.77 a bushel.

CORN - Up 1 to 3 cents per bushel

  • CBOT December corn CZ25 ticked up, buoyed by strong weekly export data.

  • The USDA on Thursday reported weekly export sales of corn at 2,071,900 metric tons.

  • U.S. farmers are on track to harvest the nation's biggest corn crop in history this autumn.

  • CBOT December corn CU25 was last up 2 cents to $4.12 per bushel.

SOYBEANS - Down 3 to 5 cents per bushel

  • Soybean futures Sv1 edged lower as a lack of Chinese demand for U.S. supplies hung over the oilseed market.

  • Soybean prices had climbed to a two-month peak last week, buoyed by hopes that China would revert to buying U.S. crop after months of shunning the origin in a wider trade war with Washington, but no such purchases have been confirmed.

  • China's soybean importers are boosting purchases from Argentina and Uruguay, adding to flows from main supplier Brazil, according to trade sources GRA/

  • Traders will be monitoring U.S.-Chinese talks in the coming days, with senior Chinese trade negotiator Li Chenggang expected in Washington.

  • The USDA reported weekly export sales of soybeans at 1,183,400 metric tons.

  • CBOT November soybeans SX25 were last down 3-1/4 cents at $10.44-3/4 per bushel.

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