
CHICAGO, Nov 12 (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. Department of Agriculture is due to release its November crop supply and demand report on Friday.
WHEAT - Down 7 to 8 cents per bushel
Wheat futures lower after two days of gains on technical selling and position squaring ahead of Friday's USDA report.
The actively traded December SRW wheat contract WZ25 broke through technical chart support at its 100-day moving average during overnight trading.
December soft red winter wheat WZ25 was last down 7-3/4 cents at $5.28-1/4 per bushel. K.C. December hard red winter wheat KWZ25 was down 6-1/2 cents at $5.17-1/4 a bushel, and Minneapolis December wheat MWEZ25 was last down 2-3/4 cents at $5.66-3/4 per bushel.
CORN - Steady to down 2 cents per bushel
Corn weaker after two days of gains, with traders squaring positions ahead of Friday's USDA report. Solid export demand underpinning the market.
Analysts polled by Reuters, on average, expect the USDA to lower its U.S. corn harvest outlook but raise its U.S. and world ending stocks estimates in its report on Friday.
Thailand's cabinet agreed to increase U.S. corn imports and cut the tariff to zero as part of the country's ongoing trade negotiations with Washington.
CBOT December corn CZ25 was last down 1/2 cent at $4.31-1/2 per bushel.
SOYBEANS - Steady to down 3 cents per bushel
Soybeans lower, weighed down by a lack of large-scale purchases by China. Traders squaring positions ahead of Friday's USDA data.
Analysts polled by Reuters, on average, expect the USDA on Friday to lower its U.S. soybean harvest outlook and raise its world ending stocks estimate.
China is grappling with a glut of soybeans after months of record imports, curbing prospects for U.S. exports despite a recent trade truce that Washington said includes a pledge by Beijing to resume heavy purchases.
January soybeans SF26 were last down 1/2 cent at $11.26-3/4 per bushel.