
CHICAGO, Nov 5 (Reuters) - 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. CST (1430 GMT) on Wednesday.
NOTE: The U.S. government remains shut down, suspending many government reports.
WHEAT - Down 2 to 4 cents
Wheat futures Wv1 eased after rising on Tuesday to a three-month peak as rumors of Chinese interest in U.S. supplies encouraged investors to cover short positions.
The market consolidated overnight and was waiting for confirmation of potential Chinese buying, analysts said.
CBOT December soft red winter wheat WZ25 was last down 2-1/4 cents at $5.48 per bushel. K.C. December hard red winter wheat KWZ25 was down 3 cents at $5.33-1/2 a bushel, and Minneapolis December wheat MWEZ25 last traded down 1/2 cent at $5.56-3/4 per bushel.
CORN - Steady
CBOT corn was nearly unchanged in overnight trading.
S&P Global Commodity Insights on Tuesday left its estimate of the average U.S. 2025 corn yield unchanged but raised its estimates of harvested area and production.
StoneX on Monday raised its production and yield estimates.
CBOT December corn CZ25 was last down 1/4 cent at $4.31-1/4 per bushel.
SOYBEANS - Up 2 to 4 cents
Soybean futures Sv1 rebounded from a setback on Tuesday.
China said it will suspend retaliatory tariffs on U.S. imports, including duties on farm goods, after last week's meeting of the two countries' leaders. Imports of U.S. soybeans still face a 13% tariff.
The tariff on U.S. soybeans keeps shipments too expensive for commercial Chinese buyers, compared to Brazilian alternatives, traders said.
Hopes of renewed Chinese demand underpinned the U.S. agricultural markets in recent sessions. However, traders were waiting for confirmation of large Chinese purchases.
CBOT January soybeans SF26 were last up 3-1/4 cents at$11.24-3/4 per bushel.