
CHICAGO, Feb. 2 (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 Monday:
WHEAT - Down 4 to 5 cents per bushel
CBOT wheat Wv1 fell under pressure from a broader commodities slump GRA/ and a higher dollar, with a stronger greenback making U.S. exports in theory more competitive on the global market.
Commodities markets slumped on Monday, led by deep losses in gold, silver, oil and industrial metals, as the choice of Kevin Warsh as the next Fed chair unleashed selling in risk assets that sent precious metals tumbling for a second session.
Severe cold in the wheat belts of the U.S. and the Black Sea region kept a floor under prices, though, with snow cover helping protect crops from winterkill in many areas, according to forecasters.
The Taiwan Flour Millers' Association purchased an estimated 106,350 metric tons of milling wheat to be sourced from the United States in a tender late last week, European traders said on Monday.
CBOT March soft red winter wheat WH26 was last down 5-1/4 cents to $5.32-3/4 per bushel. K.C. March hard red winter wheat KWH26 was last down 5-1/2 cents at $5.39-1/4 per bushel and Minneapolis March spring wheat MWEH26 was last down 2 cents to $5.76-1/4 per bushel.
CORN - Steady to down 2 cents per bushel
CBOT corn futures Cv1 turned down on pressure from a rising dollar and weakness in the broader market.
The dollar held on to gains on Monday as investors weighed what a Federal Reserve under Kevin Warsh might look like, while falling precious metals and oil prices kept commodity-linked currencies in check. [.DXY}
Planting of Brazil's second corn crop reached 13% of the estimated area, compared with 9% a year earlier, consultancy AgRural said on Monday. The first corn harvest hit 10%, lagging behind the 14% seen a year earlier.
CBOT March corn CH26 was last down 1-1/2 cents to $4.26-3/4 per bushel.
SOYBEANS - Down 5 to 7 cents per bushel
CBOT soybean futures Sv1 turned lower on the prospect of record soybean production in Brazil, wider market weakness, and a rising dollar.
Brazilian farmers had harvested 10% of their 2025/26 soybean crop as of last Thursday, agribusiness consultancy AgRural said on Monday, up 5 percentage points from the previous week and exceeding the 9% reported a year earlier.
CBOT March soybeans SH26 were last down 5-3/4 cents to $10.58-1/2 per bushel.