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CBOT Trends-Soybeans up 8-10 cents, corn mixed, wheat down 1-2

ReutersOct 20, 2025 1:24 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.

WHEAT - Down 1 to 2 cents per bushel

  • CBOT wheat Wv1 futures fell on ample global supply but received support from recent bargain buying tied to low prices.

  • Analysts have raised their estimates for Australia's wheat harvest, a Reuters poll showed, as better-than-expected yields in western cropping regions boosted the production outlook despite losses caused by dry conditions in parts of the south.

  • CBOT December soft red winter wheat WZ25 was last down 1-1/4 cents at $5.02-1/2 per bushel. K.C. December hard red winter wheat KWZ25 was last down 1-1/4 cents at $4.90-1/4 a bushel and Minneapolis December wheat MWEZ25 last traded flat at $5.48-1/2 per bushel.

CORN - Down 1 to up 1 cent per bushel

  • Corn futures were mixed amid concerns that U.S. crop yields may not be as good as hoped, despite expectations of a record U.S. corn crop.

  • Planting of Brazil's first 2025/26 corn crop reached 51% of the projected area in the key center-south region, versus 48% a year earlier, agribusiness consultancy AgRural said.

  • CBOT December corn CZ25 was last down 1/2 cent at $4.22 per bushel.

SOYBEANS - Up 8 to 10 cents per bushel

  • Soybean futures Sv1 climbed on renewed optimism over U.S.-China trade talks after U.S. President Donald Trump said he believed Beijing would agree to a soybean trade deal and will buy U.S. soy again.

  • China imported no soybeans from the U.S. in September, the first time since November 2018 that shipments fell to zero, with Chinese buyers turning to South American supplies during the U.S. trade war.

  • Brazil's soybean planting for the 2025/26 season reached 24% of the expected area as of last Thursday, up from 14% a week earlier and ahead of the 18% recorded at the same time last year, agribusiness consultancy AgRural said on Monday.

  • CBOT November soybeans SX25 were last up 8-3/4 cents at $10.28-1/4 per bushel.

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