CBOT Trends-Wheat up 7-10 cents, corn up 2-4 cents, soy up 9-11 cents

CHICAGO, Jan 28 (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 Wednesday:

WHEAT - Up 7 to 10 cents per bushel

• CBOT wheat Wv1 headed higher on recent dollar .DXY weakness, which tends to make U.S. grains more competitive globally. The dollar steadied on Wednesday but was still set for its biggest weekly fall since April, pressured by a range of factors.

• Benchmark CBOT March wheat WH26 reached $5.33-1/4 per bushel ahead of the daily pause in trade, a six-week high.

• Commodity funds hold a sizable net short position in CBOT wheat futures, leaving the market prone to bouts of short-covering.

• CBOT March soft red winter wheat WH26 was last up 9-1/2 cents at $5.32-3/4 per bushel. K.C. March hard red winter wheat KWH26 was last up 8-1/4 cents at $5.41 per bushel and Minneapolis March spring wheat MWEH26 was last up 3-1/2 cents at $5.75-1/4 per bushel.

CORN - Up 2 to 4 cents per bushel

• CBOT corn futures Cv1 rose in early moves, buoyed by recent declines in the dollar and robust export demand for U.S. supplies. Optimism about demand for biofuels lent support after U.S. President Donald Trump visited Iowa on Tuesday and said that Republican congressional leaders were working on legislation to allow the ethanol-blended gasoline year-round.

• Traders were monitoring hot and dry weather in crop areas of Argentina.

• CBOT March corn CH26 was last up 3-1/2 cents at $4.30 per bushel.

SOYBEANS - Up 9 to 11 cents per bushel

• CBOT soybean futures Sv1 firmed on recent dollar weakness and technical buying, while pressure from the early stages of a massive Brazilian soy harvest hung over the market.

• The most-active CBOT March soybean contract SH26 hit $10.79 ahead of the daily break in trade, its highest level in a month, and March soyoil BOH26 notched a five-month high early in the session.

• CBOT March soybeans SH26 were last up 11-1/4 cents at $10.78-1/2 per bushel.