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CBOT Trends-Wheat down 4-6 cents, corn down 1-2 cents, soy flat-1 cent higher

ReutersDec 16, 2025 2:08 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 4 to 6 cents per bushel

  • Large world supplies pushed CBOT wheat Wv1 to its lowest price since October 24.

  • Farmers were harvesting wheat in Argentina and Australia, both major suppliers.

  • In France, farmers were expected to expand plantings of winter soft wheat for next year's harvest by 2.3% from 2025, according to the country's farm ministry.

  • CBOT March soft red winter wheat WH26 last traded down 5-3/4 cents at $5.15 per bushel. K.C. March hard red winter wheat KWH26 last traded 3-1/4 cents weaker at $5.08-3/4 a bushel, while Minneapolis March spring wheat MWEH26 last traded 1 cent lower at $5.67-3/4 a bushel.

CORN - Down 1 to 2 cents per bushel

  • CBOT corn Cv1 eased with wheat and soybean prices.

  • Progress in talks to end Russia's war in Ukraine hung over grain markets, analysts said. Ukraine is a major corn and wheat exporter.

  • The market seemed unmoved by solid U.S. export demand, an analyst said.

  • CBOT March corn CH26 was last down 1-1/4 cents at $4.38-1/2 a bushel.

SOYBEANS - Flat to up 1 cent

  • CBOT soybeans Sv1 were nearly flat after falling on Monday to their lowest level since October 27.

  • Some traders have been disappointed at the pace of Chinese purchases of U.S. soybeans since an end-October trade truce between Washington and Beijing.

  • China's Sinograin will auction 550,000 metric tons of imported soybeans on December 19, its third auction this month, the state stockpiler said in a notice.

  • In Argentina, oilseed workers called a 24-hour strike for next Thursday.

  • CBOT January soybeans SF26 were last up 3/4 cent at $10.72-1/2 a bushel.

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