CHICAGO, March 9 (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 - Up 3 to 4 cents per bushel
Wheat ticked higher on war premium amid the ongoing U.S.-Israeli war with Iran.
Ukraine's spring sowing campaign will start with a two-week delay due to frozen soil and remaining snow, the Ukrainian economy ministry said on Monday.
CBOT May soft red winter wheat WK26 was last up 5 cents to $6.21-3/4 per bushel. K.C. May hard red winter wheat KWK26 was last up 5-3/4 cents to $6.29-1/4 per bushel, while Minneapolis May spring wheat MWEK26 was up 9 cents at $6.52 per bushel.
CORN - Up 4 to 5 cents per bushel
Corn rose under support from surging crude oil prices and fear about the impact of prolonged Middle East tensions.
Grain markets can track movements in crude oil, partly due to investment flows from commodity funds and to the use of crops such as soybeans and corn in biofuel production.
CBOT May corn CK26 was last up 4-1/4 cents to $4.64-3/4 per bushel.
SOYBEANS - Up 12 to 14 cents per bushel
Chicago soybeans rose on Monday to their highest level since May 2024, buoyed by further gains in crude oil prices.
Oil prices surged about 20% on Monday, hitting their highest since July 2022, as the expanding U.S.-Israeli war with Iran pushed major Middle Eastern oil producers to cut supplies, and on fears of prolonged shipping disruptions through the Strait of Hormuz. O/R
Soyoil futures followed crude oil higher, also buoying the rest of the soy complex.
Brazilian farmers had harvested 51% of their 2025/26 soybean crop as of last Thursday, agribusiness consultancy AgRural said on Monday, up 12 percentage points from the previous week but below the 61% reported a year earlier.
CBOT May soybeans SK26 were last up 15 cents to $12.15-3/4 per bushel.