CBOT Trends-Wheat steady-down 1 cent, corn down 1-3, soy up 4-7

CHICAGO, Feb 6 (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 - Steady to down 1 cent per bushel

• CBOT wheat futures Wv1 traded near flat, pressured by favorable growing conditions in some production regions.

• 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/

• Rains in the coming weeks in the U.S. Midwest are expected to improve moisture for soft wheat, according to Commodity Weather Group.

• The U.S. Department of Agriculture reported net weekly wheat export sales in the current marketing year at 373,900 metric tons.

• March soft red winter wheat WH26 was last down 1/4 cent at $5.35 per bushel. K.C. March hard red winter wheat KWH26 was last down 1 cent at $5.37-1/2 per bushel and Minneapolis March spring wheat MWEH26 was last down 1 cent at $5.70-1/2 per bushel.

CORN - Down 1 to 3 cents per bushel

• CBOT corn futures Cv1 eased on Friday after reaching a three-week high on Thursday, with favorable planting conditions in Argentina and a firmer dollar exerting pressure.

• Traders are monitoring dry weather in Argentina, though a massive U.S. harvest last year and favorable planting conditions for Brazil's second corn crop tempered concerns.

• A firmer dollar theoretically makes U.S. exports less competitive for holders of other currencies.

• CBOT March corn CH26 was last down 2-1/4 cents at $4.32-3/4 per bushel.

SOYBEANS - Up 4 to 7 cents per bushel

• CBOT soybean futures Sv1 extended gains for a fourth session in a row on Friday, reaching fresh two-month highs, after U.S. President Donald Trump said China had raised a target for U.S. soybean purchases under a trade truce.

• Trump's comments surprised traders who expected China to rely heavily on Brazilian soybeans in the first half of 2026. GRA/

• Brazil, the world's largest soybean producer and exporter, is expected to produce 181.6 million metric tons in 2025/26, consultancy firm StoneX said on Monday, raising its outlook for the harvest that is in progress.

• CBOT March soybeans SH26 were last up 5-3/4 cents at $11.18 per bushel.