
CHICAGO, Dec 17 (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 1 cent per bushel
CBOT wheat Wv1 faced pressure from plentiful world supplies after dropping on Tuesday to the lowest price since October 23.
Traders monitored talks to end Russia's war on Ukraine.
Recent Russian attacks on Black Sea ports and energy facilities curbed wheat exports from Ukraine, Ukrainian farmers' union UAC said.
Exporters canceled sales of 132,000 metric tons of U.S. white wheat to China for 2025/26 delivery, the U.S. Department of Agriculture said.
CBOT March soft red winter wheat WH26 last traded down 3/4 cent at $5.08-3/4 per bushel. K.C. March hard red winter wheat KWH26 last traded down 1/4 cent at $5.04-3/4 per bushel. Minneapolis March spring wheat MWEH26 last traded flat at $5.65 per bushel.
CORN - Flat to up 2 cents
CBOT corn Cv1 bounced slightly after dropping on Tuesday to the lowest level since November 24.
Futures were consolidating, analysts said.
U.S. corn was priced competitively on the global export market, and cheaper prices will boost demand, they said.
The USDA reported that exporters sold 177,055 metric tons of U.S. corn to Mexico for 2025/26 delivery.
CBOT March corn CH26 was last up 1-3/4 cents at $4.38-1/4 per bushel.
SOYBEANS - Mixed
CBOT soybeans Sv1 were nearly unchanged.
The market on Tuesday dropped to its lowest level since October 27, before Washington struck a trade truce with top-importer China.
The USDA reported that exporters sold 198,000 metric tons of U.S. soybeans to China and 125,000 metric tons to unknown buyers, all for 2025/26 delivery.
On Tuesday, demand from Chinese importers for U.S. soybeans was generally light after active sales last week and talk of light buying interest on Monday, traders said.
Oil prices rallied after settling near five-year lows in the previous session. Weak crude prices can pressure prices of biofuels and the feedstocks used to make them, including soy.
CBOT January soybeans SF26 were last down 3/4 cent at $10.62 per bushel.