CBOT Trends-Wheat up 4-5 cents, corn up 1-2, soy up 10-11

CHICAGO, Jan 7 (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 - Up 4 to 5 cents per bushel

• Wheat futures ticked higher with support from dry conditions in the U.S. winter wheat belt.

• Condition ratings for winter wheat declined during December in Kansas, the top U.S. winter wheat producer, and in several other Plains states, USDA data showed on Tuesday.

• However, abundant global supply, including freshly harvested wheat from an expected record crop in Argentina, was keeping a lid on prices, analysts said.

• CBOT March soft red winter wheat WH26 was last up 5-1/2 cents to $5.16 per bushel. K.C. March hard red winter wheat KWH26 was last up 6-1/2 cents to $5.28 a bushel and Minneapolis March spring wheat MWEH26 was last up 1/4 cent to $5.69-3/4 per bushel.

CORN - Up 1 to 2 cents per bushel

• Corn futures tipped up as traders looked ahead to widely tracked supply and demand data from the U.S. Department of Agriculture next Monday.

• CBOT March corn CH26 was last up 1-3/4 cents to $4.45-3/4 per bushel.

SOYBEANS - Up 10 to 11 cents per bushel

• Soybeans turned higher on support from Chinese purchases of U.S. soybeans.

• Chinese state stockpiler Sinograin bought 10 U.S. soybean cargoes this week, three traders told Reuters on Tuesday, as the world's top buyer continues purchasing from the U.S. after a trade truce was agreed in late October.

• However, the start of what is expected to be a record Brazilian soybean harvest is limiting price momentum for Chicago futures.

• CBOT March soybeans SH26 were last up 11-1/2 cents to $10.67-3/4 per bushel.