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CBOT Trends-Wheat and soy up 1-3 cents per bushel, corn down 2-4 cents

ReutersSep 8, 2025 12:55 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 Monday.

WHEAT - Up 1 to 3 cents per bushel

  • CBOT wheat Wv1 rose slightly overnight, though analysts said world supplies look adequate.

  • Analyst APK-Inform sharply increased its forecast for Ukraine's 2025 grain harvest and exports, while consultancy Sovecon raised its forecast for Russia's wheat crop.

  • CBOT December soft red winter wheat WZ25 was last up 2 cents at $5.21-1/4 per bushel. K.C. December hard red winter wheat KWZ25 was 2-1/2 cents higher at $5.07-3/4 per bushel, and Minneapolis December wheat MWEZ25 was up 1/4 cent at $5.66-1/4 a bushel.

CORN - Down 2 to 4 cents per bushel

  • CBOT corn Cv1 eased under pressure from expectations for a record-breaking U.S. harvest.

  • The U.S. Department of Agriculture is expected to issue its first estimate on U.S. corn harvesting progress in a weekly report later on Monday.

  • On Friday, the agency is slated to update its corn and soy production and yield estimates in a monthly report.

  • CBOT December corn CZ25 was last down 1-3/4 cents at $4.16-1/4 per bushel. The contract pulled back after rising on Friday to its highest level since July 22.

SOYBEANS - Up 1 to 3 cents a bushel

  • CBOT soybean futures edged higher overnight as traders waited to see how USDA adjusts its U.S. yield estimates in Friday's report.

  • The absence of China, the world's biggest soy importer, from the U.S. market continued to hang over futures prices.

  • China's soybean imports rose to their highest-ever level for the month of August, a Reuters calculation of customs data showed, as buyers snapped up large volumes from South America amid ongoing Sino-U.S. trade tensions.

  • Farmers in Brazil's southern Parana state started planting the 2025/26 soybean crop, AgRural said.

  • CBOT November soybeans SX25 were last up 1-1/4 cents at $10.28-1/4 per bushel.

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