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CBOT Trends-Wheat flat-down 1 cent, corn flat-up 2 cents, soy mixed

ReutersDec 17, 2025 2:20 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 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.

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