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CBOT Trends-Wheat down 3-4 cents, corn steady-down 1, soy down 8-9

ReutersDec 12, 2025 2:24 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 Friday.

WHEAT - Down 3 to 4 cents per bushel

  • Wheat futures weakened on abundant global supplies and a firming U.S. dollar.

  • The dollar steadied on Friday, but was still set for its third straight weekly drop, hurt by the prospect of rate cuts next year.

  • A stronger dollar tends to make U.S. exports more expensive and less competitive on the global market.

  • Argentina and Australia are currently harvesting huge crops.

  • CBOT March soft red winter wheat WH26 last traded down 3-1/4 cents at $5.30-1/4 per bushel. K.C. March hard red winter wheat KWH26 last traded 2-1/2 cents lower at $5.19-3/4 a bushel. Minneapolis March spring wheat MWEH26 last traded 1/4 cent lower at $5.73-3/4 a bushel.

CORN - Steady to down 1 cent per bushel

  • Corn ticked down as the U.S. dollar firmed, but was supported by a robust export pace.

  • The U.S. Department of Agriculture (USDA) confirmed sales of 186,000 tons of U.S. corn to unknown destinations on Thursday.

  • CBOT March corn CH26 last traded 3/4 cent higher at $4.45-3/4 a bushel.

SOYBEANS - Down 8 to 9 cents per bushel

  • Soybeans fell as support from purchases by China and a softer dollar was countered by large supplies and concerns that China will not buy enough of the commodity.

  • The U.S. Department of Agriculture (USDA) confirmed sales of 264,000 tons of U.S. soybeans to China and another 226,000 to unknown destinations on Thursday.

  • China's state stockpiler Sinograin sold most of the soybeans it offered in an auction of state reserves, traders said, the first of what is expected to be a series of sales that would make room for more U.S. supplies.

  • Brazilian crop agency Conab on Thursday lowered the country's 2025/26 soybean production forecast by around 550,000 metric tons to 177.12 million tons, still a record if the projection is confirmed.

  • CBOT January soybeans SF26 last traded down 9 cents at $10.84-1/2 a bushel.

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