CBOT Trends-Wheat and soybeans up 3-5 cents, corn up 2-4 cents

CHICAGO, Jan 23 (Reuters) - The 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 Friday:

WHEAT - Up 3 to 5 cents per bushel

• CBOT wheat Wv1 rose for a second consecutive session.

• A massive winter storm was forecast to bring beneficial moisture to the U.S. southern Plains, but frigid temperatures in its wake could threaten winter wheat in areas lacking protective snow cover.

• Cold also threatened wheat in top exporter Russia, though traders said world grain supplies were ample.

• Argentina's bumper harvest was contributing to a surge in global supply.

• U.S. wheat export sales for 2025/26 delivery were 618,100 metric tons in the week that ended on January 15, the U.S. Department of Agriculture said. That beat analysts' estimates of 150,000 to 450,000 metric tons.

• CBOT March soft red winter wheat WH26 was last up 3-1/2 cents at $5.19 per bushel. K.C. March hard red winter wheat KWH26 was last up 5-3/4 cents at $5.31-1/2 per bushel, and Minneapolis March spring wheat MWEH26 was last up 1-3/4 cents at $5.72 per bushel.

CORN - Up 2 to 4 cents per bushel

• CBOT corn Cv1 crept higher on strong U.S. export demand.

• Weekly U.S. export sales for 2025/26 delivery were 4 million metric tons, exceeding analysts' expectations of 1.9 million to 3.1 million tons. EXP/CORN

• Gains in crude oil lent background support to grains and soybeans, traders said.

• CBOT March corn CH26 was last up 2-1/2 cents at $4.26-1/2 per bushel.

SOYBEANS - Up 3 to 5 cents per bushel

• CBOT soybeans Sv1 firmed on technical buying, analysts said.

• Hopes for Chinese demand helped support the market, though the U.S. faces stiff competition for sales from South American suppliers, they said.

• Weekly U.S. soybean export sales for 2025/26 were 2.4 million metric tons, compared to analysts' expectations of 1.5 million to 3 million metric tons. EXP/SOY

• CBOT March soybeans SH26 were last up 4 cents at $10.68 per bushel.