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CBOT Trends-Wheat flat-up 2 cents, corn up 2-3 cents, soy flat-down 1 cent

ReutersDec 18, 2025 2:15 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 Thursday:

WHEAT - Flat to up 2 cents per bushel

  • CBOT wheat Wv1 stabilized after dropping on Wednesday to its lowest price since October 23.

  • Ample world supplies and talks to end Russia's war in Ukraine, a major grain supplier, hung over the market, analysts said.

  • Russia's agriculture minister said the country's 2025 wheat crop totaled 90 million tons, while consultancy Sovecon pegged the crop at 88.8 million.

  • In South Africa, farmers were expected to harvest 3% more wheat in the 2025 season compared with the previous one, the government's Crop Estimates Committee said.

  • U.S. wheat export sales were 460,700 metric tons for 2025-26 in the week that ended on November 27, the U.S. Department of Agriculture said. Analysts expected 250,000-600,000 metric tons.

  • CBOT March soft red winter wheat WH26 last traded up 1-1/4 cents at $5.07-1/2 per bushel. K.C. March hard red winter wheat KWH26 last traded up 4 cents at $5.11-3/4 per bushel. Minneapolis March spring wheat MWEH26 last traded up 3 cents at $5.65 per bushel.

CORN - Up 2 to 3 cents

  • Solid U.S. export demand underpinned CBOT corn, analysts said.

  • U.S. corn export sales for 2025-26 reached nearly 1.8 million metric tons in the week ending on November 27, the USDA said. Analysts expected 1 million to 2 million metric tons.

  • CBOT March corn CH26 was last up 2 cents at $4.42-1/2 per bushel.

  • Futures Cv1 bounced after falling on Tuesday to the lowest price since November 24.

SOYBEANS - Flat to down 1 cent

  • CBOT soybeans Sv1 hovered near a seven-week low reached on Wednesday.

  • Traders continued to monitor Chinese demand for U.S. soy after the countries struck a trade truce in late October.

  • On Wednesday, traders said China's state-owned traders were back in the market for additional cargoes for shipment through March.

  • Exporters sold 114,000 metric tons of U.S. soybeans to unknown buyers, the USDA said in its daily reporting system.

  • U.S. soybean export sales for 2025-26 were 1.1 million metric tons in the week ending on November 27. Analysts expected 600,000 to 2 million metric tons.

  • CBOT January soybeans SF26 were last down 1/2 cent at $10.57-3/4 per bushel.

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