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CBOT Trends-Wheat down 2-4 cents, corn mixed, soybeans up 2-4 cents

ReutersOct 13, 2025 1:29 PM

- 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.

NOTE: The U.S. government remains shut down, suspending many government reports. Additionally, some offices and banks are closed on Monday for the Columbus Day holiday.

WHEAT - Down 2 to 4 cents per bushel

  • CBOT wheat Wv1 futures fell to life-of-contract lows across the board, pressured by ample world grain supplies and strong competition for export business. K.C. hard red winter wheat contracts 0#KW: also set contract lows.

  • Russian wheat export prices fell last week amid rising harvest forecasts, with weather in southern ports hampering shipments, analysts said.

  • France is heading for its biggest wheat stockpile in two decades as a collapse in demand from Algeria and China narrows export options, analysts said.

  • Saudi Arabia's main state wheat buying agency, the General Food Security Authority, said it had purchased around 500,000 metric tons of wheat from Saudi investors abroad.

  • CBOT December soft red winter wheat WZ25 was last down 3-1/4 cents at $4.95-1/4 per bushel. K.C. December hard red winter wheat KWZ25 was last down 2 cents at $4.81 a bushel and Minneapolis December wheat MWEZ25 last traded down 1/4 cent at $5.51-1/2 per bushel.

CORN - Mixed, up 1/4 cent to down 3/4 cent per bushel

  • Corn futures were little changed at the daily break in trade as market players awaited direction. Seasonal pressure from the ongoing U.S. harvest hung over the market, capping rallies.

  • China's vice premier said recent continuous rainfall in a key grain-producing region has disrupted the autumn harvest.

  • CBOT December corn CZ25 was last up 1/4 cent at $4.13-1/4 per bushel.

SOYBEANS - Up 2 to 4 cents per bushel

  • Soybean futures Sv1 bounced back from Friday's 1.5% slide, buoyed by conciliatory weekend comments from U.S. President Donald Trump that cooled fears of escalating trade tensions between the United States and China, the world's largest soy buyer. GRA/

  • Trump posted on social media over the weekend that the U.S. did not want to "hurt" China.

  • Trump remains on track to meet Chinese leader Xi Jinping in South Korea in late October as the two sides try to de-escalate tensions over trade disputes, U.S. Treasury Secretary Scott Bessent said.

  • Brazil's soybean planting for the 2025/26 season reached 14% of the expected area as of last Thursday, agribusiness consultancy AgRural said, up from 9% a week earlier and 8% a year ago.

  • CBOT November soybeans SX25 were last up 2-3/4 cents at $10.09-1/2 per bushel.

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