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CBOT Trends-Wheat down 3-5 cents, soybeans up 1-6 cents, corn mixed

ReutersDec 2, 2025 2:13 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. CST (1430 GMT) on Tuesday.

WHEAT - Down 3 to 5 cents per bushel

  • Wheat lower for a third straight session, pressured by ample global supplies and favorable crop weather in key growing areas in the southern hemisphere. Technical selling adding pressure.

  • Actively traded CBOT March contract WH26 hit overhead technical chart resistance at its 50-day moving average during overnight trading and fell to a 5-1/2 week low.

  • CBOT March soft red winter wheat WH26 last traded down 4 cents at $5.31 per bushel. K.C. March hard red winter wheat KWH26 last traded down 5-1/2 cents at $5.21-1/4 a bushel. Minneapolis March spring wheat MWEH26 last traded 1-3/4 cents higher at $5.77-3/4 a bushel.

CORN - Up 1 cent to down 1 cent per bushel

  • Corn narrowly mixed, anchored by good supplies and favorable South American crop weather. Declines limited by strong U.S. exports.

  • Actively traded March futures CH26 hit overhead technical resistance at its 200-day moving average during overnight trading but held chart support at its 20-day moving average.

  • StoneX trimmed its 2025/26 Brazilian corn crop outlook to 134.4 million metric tons, down slightly from its prior estimate but still a bumper crop.

  • CBOT March corn CH26 last traded 1/4 cent lower at $4.44-3/4 a bushel.

SOYBEANS - Up 1 to 6 cents per bushel

  • Soybean futures rebound after Monday's decline. Market supported by expectations for further large U.S. soy purchases by China. Gains limited by below-normal pace of U.S. export sales to date and generally favorable crop weather in South America.

  • StoneX trimmed its 2025/26 soy harvest outlook for Brazil to 177.2 million metric tons, down slightly from its previous estimate but still a record-large crop.

  • CBOT January soybeans SF26 last traded up 5-1/4 cents at $11.33-1/4 a bushel.

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