CBOT Trends-Wheat steady-down 3 cents, corn down 1-3 cents, soybeans mixed

CHICAGO, Dec 3 (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.

WHEAT - Steady to down 3 cents per bushel

• Wheat lower in a profit-taking and technical selling pullback after rising in the previous session. Ample global wheat supplies and favorable crop weather in key growing areas in the southern hemisphere anchoring prices.

• Statistics Canada is expected to raise its wheat production outlook to 38.49 million metric tons in a report due on Thursday, up from its previous estimate of 36.62 million tons.

• CBOT March soft red winter wheat WH26 last traded down 2 cents at $5.39 per bushel. K.C. March hard red winter wheat KWH26 last traded down 2-1/2 cents at $5.30-1/2 a bushel. Minneapolis March spring wheat MWEH26 last traded steady at $5.80-3/4 a bushel.

CORN - Down 1 to 3 cents per bushel

• Corn lower in a profit-taking and technical selling retreat following strong gains on Tuesday. Market capped by large supplies and strong production prospects in South America.

• Actively traded March futures CH26 broke below technical chart support at its 200-day moving average during overnight trading.

• CBOT March corn CH26 last traded 3 cents lower at $4.47 a bushel.

SOYBEANS - Up 1 cent to down 2 cents per bushel

• Soybean futures narrowly mixed as traders assess South American crop weather and the pace of U.S. soy export sales and shipments to China.

• Six bulk cargo vessels are scheduled to load with soybeans for China at Gulf Coast terminals through mid-December, according to shipping data. A seventh is en route after loading over the weekend.

• Brazil is expected to harvest a record soybean crop in 2026, but dry conditions in some southern growing areas has trimmed forecasts.

• CBOT January soybeans SF26 last traded up 1/2 cent at $11.25-1/4 a bushel.