
CHICAGO, Jan 2 (Reuters) - Following are U.S. expectations for the opening of grain and soy complex trading at the Chicago Board of Trade at 8:30 a.m. CST (1430 GMT) on Friday:
WHEAT - Mixed, up 1 cent to down 1 cent per bushel
Wheat futures seen mixed, awaiting direction following a four-session slide in the CBOT March WH26 contract.
Ample global grain supplies hang over the market, anchoring prices.
The United States sharply lowered proposed new duties on several Italian pasta makers following a preliminary review of their alleged anti-dumping activities, the Italian foreign ministry said on Thursday.
CBOT March soft red winter wheat WH26 closed on Wednesday, ahead of the New Year's Day holiday, at $5.07 per bushel. K.C. March hard red winter wheat KWH26 ended at $5.14-3/4 a bushel and Minneapolis March spring wheat MWEH26 finished the year at $5.74 a bushel.
CORN - Mixed, up 2 cents to down 2 cents per bushel
Corn futures seen mixed following a four-session decline that pushed the benchmark March contract CH26 to a two-week low on Wednesday.
Traders will watch for a short-covering bounce, but strong South American crop prospects hang over the market.
The U.S. Department of Agriculture confirmed private sales of 132,000 metric tons of U.S. corn to South Korea for delivery in the 2025/26 marketing year that began September 1, 2025.
U.S. crude oil futures CLc1 were down about 1% in early moves, a factor that could weigh on corn and soybean futures.
CBOT March corn CH26 closed on Wednesday at $4.40-1/4 per bushel.
SOYBEANS - Mixed, up 2 cents to down 2 cents per bushel
Soybean futures Sv1 fell to a two-month low on Wednesday ahead of the holiday break and may be due for a bounce, brokers said, but rallies should be limited by expectations of a massive Brazilian soy harvest starting this month.
The CBOT reported 913 deliveries against the January SF26 soybean futures contract, with no strong commercial stoppers.
The CBOT reported 48 deliveries against January soyoil BOF26 futures and no deliveries against January soymeal SMF26 futures. SOY/DEL MEAL/DEL SBO/DEL
CBOT March soybeans SH26 closed on Wednesday at $10.47-1/2 per bushel.