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CBOT Trends-Wheat up 6-7 cents, corn up 1-2, soy up 2-5

ReutersNov 3, 2025 2:26 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 - Up 6 to 7 cents per bushel

  • CBOT wheat rose on hopes of renewed Chinese buying and spillover support from recovering soybean futures.

  • Support also came from reports China was interested in buying U.S. wheat.

  • CBOT December soft red winter wheat WZ25 was last up 7 cents at $5.41 per bushel. K.C. December hard red winter wheat KWZ25 was up 4-1/4 cents at $5.28-3/4 a bushel. Minneapolis December wheat MWEZ25 last traded up 1-3/4 cents at $5.52-1/4 per bushel.

CORN - Up 1 to 2 cents per bushel

  • Corn futures ticked higher, though abundant global supply continued to weigh on the market.

  • CBOT December corn CZ25 was last up 1 cent at $4.32-1/2 per bushel.

SOYBEANS - Up 2 to 5 cents per bushel

  • Soybean futures rose to 15-month highs on Monday on expectations China will restart large-scale U.S. soy buying after the two countries reached a deal to de-escalate their trade war.

  • Brazil's soybean planting for the 2025/26 season reached 47% of the expected area as of last Thursday, up from 36% a week earlier, but lagging the 54% seen a year earlier due to irregular rainfall, agribusiness consultancy AgRural said on Monday.

  • U.S. officials last week said China, the world's biggest soybean importer, would buy tens of millions of tons of U.S. crops in the next few years as part of a trade deal, triggering a rally in prices.

  • CBOT November soybeans SX25 were last up 5-3/4 cents at $11.05-1/2 per bushel.

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