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CBOT Trends-Wheat down 3-4 cents, corn down 1-2, soybeans down 4-5 cents

ReutersOct 14, 2025 1:18 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 Tuesday.

NOTE: The U.S. government remains shut down, suspending many government reports.

WHEAT - Down 3 to 4 cents per bushel

  • CBOT wheat Wv1 futures fell on abundant global supplies, including in top supplier Russia.

  • Consultants Sovecon last week raised their Russian wheat production estimate to 87.8 million tons from 87.2 million tons, reflecting record yields in Siberia.

  • Russia's October exports of wheat, barley, and corn are estimated at 5.70 million metric tons, according to Sovecon, an agricultural consultancy. This figure is up from 5.15 million tons in September.

  • Traders also expect large harvests in Argentina and Australia to hit the market over the coming months.

  • CBOT December soft red winter wheat WZ25 was last down 3-1/2 cents at $4.93-1/4 per bushel. K.C. December hard red winter wheat KWZ25 was last down 2-3/4 cents at $4.78-1/2 a bushel and Minneapolis December wheat MWEZ25 last traded down 1-1/4 cents at $5.50-1/2 per bushel.

CORN - Down 1 to 2 cents per bushel

  • Corn futures ticked down on seasonal harvest pressure.

  • Taiwan's MFIG purchasing group has issued an international tender to buy up to 65,000 metric tons of animal feed corn which can be sourced from the United States, Argentina, Brazil or South Africa, European traders said on Tuesday.

  • U.S. Midwest weather is expected to provide only limited interruptions to harvesting this week, according to forecaster Commodity Weather Group.

  • CBOT December corn CZ25 was last down 1 cent at $4.09-3/4 per bushel.

SOYBEANS - Down 4 to 5 cents per bushel

  • Soybean futures Sv1 fell on U.S. harvest pressure and lack of optimism about progress for U.S. trade talks with China, the world's largest soybean buyer.

  • China's soybean imports in September reached the second-highest level on record, a Reuters calculation of customs data released on Monday showed, driven by strong purchases South America as trade tensions with Washington curbed purchases from the U.S.

  • U.S. President Donald Trump appeared over the weekend to dash hopes of a trade deal but he and other U.S. officials have softened their rhetoric.

  • Brazil's soybean planting for the 2025/26 season reached 14% of the expected area as of Thursday, marking the third-fastest progress for the date in the world's largest producer and exporter, agribusiness consultancy AgRural said on Monday.

  • CBOT November soybeans SX25 were last down 4-1/2 cents at $10.03-1/4 per bushel.

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