
CHICAGO, Feb 5 (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 Thursday:
WHEAT - Down 1 to up 1 cent per bushel
CBOT wheat futures Wv1 were mixed as severe cold weather did little to damage crops and the U.S. dollar rose, making U.S. crops less competitive on the global export market, but it received spillover support from soybeans.
Nearly all Russian crops were in normal condition as of February 5, Deputy Prime Minister Dmitry Patrushev was quoted as saying on Thursday.
Wheat traders have been monitoring severe cold in U.S., Russian and Ukrainian production belts, but snow cover is expected to limit potential crop losses. GRA/
The dollar hit two-week highs on Thursday as fresh volatility gripped stocks. GRA/
March soft red winter wheat WH26 was last up 1/4 cent at $5.27 per bushel. K.C. March hard red winter wheat KWH26 was last down 1/4 cent at $5.30 per bushel and Minneapolis March spring wheat MWEH26 was last up 1 cent at $5.67 per bushel.
CORN - Steady to down 1 cent per bushel
CBOT corn futures Cv1 ticked down slightly with spillover support from soybeans, though a firmer dollar and easing weather concerns capped the cereal markets. GRA/
Brazil corn exports are seen reaching 793,364 tons in February compared with 1.32 million tons in the same period last year, according to ANEC, a national association of grain producers in Brazil.
The U.S. Treasury Department on Tuesday released updated guidance on biofuel tax credits, a move welcomed by traders as giving clarity to biofuel producers. The news supported corn, which is used to make ethanol fuel.
CBOT March corn CH26 was last down 3/4 cent at $4.28-3/4 per bushel.
SOYBEANS - Up 8 to 12 cents per bushel
CBOT soybean futures Sv1 extended gains on Thursday after U.S. President Donald Trump said China had raised a target for U.S. soybean purchases under a trade truce.
Soybeans rallied on Wednesday after Trump said China was "lifting the soybean count to 20 million tons for the current season", suggesting China could buy 8 million metric tons of U.S. soybeans in 2025/26 on top of approximately 12 million tons already booked since the trade truce in late October.
CBOT March soybeans SH26 were last up 10-1/4 cents at $11.02-1/2 per bushel.