
CHICAGO, Feb 12 (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 - Up 1 to 2 cents per bushel
CBOT wheat moved higher amid light news, though beneficial rains in the U.S. Plains have put a damper on prices.
The U.S. Department of Agriculture said net U.S. wheat export sales for the week ended February 5 totaled 501,900 metric tons for the 2025/2026 marketing year, which was on the higher end of trade estimates.
March soft red winter wheat WH26 was last up 2-1/2 cents at $5.39-3/4 per bushel. K.C. March hard red winter wheat KWH26 was last up 3-1/2 cents at $5.42 per bushel and Minneapolis March spring wheat MWEH26 was up 1 cent at $5.71-1/4 per bushel.
CORN - Up 1 to 2 cents per bushel
CBOT corn futures Cv1 ticked higher on spillover support from soybean futures.
Chinese buyers have ramped up feed grain purchases in recent months, taking large volumes of Australian barley and U.S. sorghum after rain damaged the domestic corn harvest, trade sources said.
The USDA reported net weekly corn export sales at 2,069,600 tons, surpassing trade estimates.
U.S. exporters sold 108,000 tons of corn to Egypt for 2025/2026 delivery, the USDA reported.
CBOT March corn CH26 was last up 1-1/2 cents at $4.29 per bushel.
SOYBEANS - Up 8 to 11 cents per bushel
CBOT soybeans climbed after the South China Morning Post reported that China and the U.S. are in talks about U.S. President Donald Trump's visit to China in April and that the trade truce is expected to be extended to one year.
Poor weather in Brazil is also supporting soy futures.
While Brazilian soy production is still expected to be high, excessive rain has increased grain moisture, which has caused issues with mould, grain breakage, and led to the rejection of some shipments, analysts said.
Farmers and traders are also tracking demand from China, the world's biggest soybean importer, after a thaw in ties between Beijing and Washington in October increased purchases of U.S. supplies.
CBOT March soybeans SH26 were up 11 cents at 11.35 per bushel.