
CHICAGO, March 4 (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 - Down 7 to 9 cents per bushel
CBOT grains eased with energy prices as commodity markets took on a calmer tone following concerns about the Middle East conflict.
Beneficial U.S. rains capped wheat prices, analysts said.
Showers will improve moisture for wheat in the Midwest and Mississippi Delta region over the next 10 days, Commodity Weather Group said.
CBOT May soft red winter wheat WK26 was last down 7-1/4 cents at $5.66-3/4 per bushel. K.C. May hard red winter wheat KWK26 was last down 7-3/4 cents at $5.70-1/2 per bushel, and Minneapolis May spring wheat MWEK26 was down 4-1/4 cents at $6.09 per bushel.
CORN - Down 3 to 5 cents
Corn futures dipped as the crude oil rally triggered by U.S.-Israeli strikes on Iran lost momentum.
U.S. corn export sales remained solid, with U.S. prices the cheapest among major exporters.
Exporters sold 125,000 metric tons of U.S. corn to unknown buyers, the U.S. Department of Agriculture said through a daily reporting system.
CBOT May corn CK26 was last down 3-3/4 cents at $4.42-3/4 per bushel.
SOYBEANS - Down 1 to 3 cents
Traders kept their focus on the Middle East after a report that Iranian operatives sought talks with the U.S. to end the war.
Exporters remained hopeful that China would return to the U.S. soybean market ahead of a planned meeting between U.S. President Donald Trump and Chinese President Xi Jinping at the end of the month. Top trade negotiators were expected to meet in mid-March.
U.S. Treasury Secretary Scott Bessent said an increase in President Donald Trump's new temporary global import tariff to 15% from 10% was likely to be implemented sometime this week.
CBOT May soybeans SK26 were last down 2-1/4 cents at $11.68-1/4 per bushel.