CBOT Trends-Wheat down 3-5 cents, corn down 1-3, soybeans down 4-8

CHICAGO, Dec 1 (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 Monday.

WHEAT - Down 3 to 5 cents per bushel

• Wheat lower on ample global supplies and favourable crop weather in key growing areas. Technical selling adding pressure.

• Actively traded CBOT March contract WH26 fell below technical chart support at its 50-day moving average during overnight trading.

• Favourable rains in Argentina and Australia have raised production potential in both wheat-exporting nations.

• Ukraine's wheat harvest could rise to between 24 million and 25 million tons in 2026 from 23 million tons in 2025, Ukraine's deputy economy minister said on Monday in the first official estimate of the output.

• The U.S. Department of Agriculture reported net export sales of wheat for the week ended October 23 at 499,800 metric tons, in line with analyst estimates.

• CBOT March soft red winter wheat WH26 last traded down 4-1/2 cents at $5.34 per bushel. K.C. March hard red winter wheat KWH26 last traded down 3-3/4 cents at $5.23-3/4 a bushel. Minneapolis March spring wheat MWEH26 last traded steady at $5.78 a bushel.

CORN - Down 1 to 3 cents per bushel

• Corn lower on technical selling and profit taking after three straight sessions of gains.

• Actively traded March futures CH26 hit overhead technical resistance at its 200-day moving average during overnight trading.

• The USDA reported net export sales of corn for the week ended October 23 at 1,805,300 metric tons for shipment in the 2025/26 marketing year, in line with analyst estimates, and 160,100 tons for 2026/27 shipment.

• CBOT March corn CH26 last traded 2-1/4 cents lower at $4.45-1/2 a bushel.

SOYBEANS - Down 4 to 8 cents per bushel

• Soybean futures lower on profit taking after three straight sessions of gains and as traders await further Chinese purchases of U.S. shipments.

• The USDA reported net export sales of soybeans for the week ended October 23 at 1,449,900 metric tons, in line with trade estimates.

• CBOT January soybeans SF26 last traded down 4-1/4 cents at $11.33-1/2 a bushel.