CHICAGO, March 10 (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 Tuesday:
WHEAT - Down 1 cent to up 1 cent per bushel
Wheat was choppy as traders awaited fresh news on the conflict in the Middle East as well as the U.S. Department of Agriculture's monthly world crop report due later in the day, which is expected to make only minor adjustments to its U.S. and global supply forecasts.
Winter wheat in part of the U.S. Midwest is exiting dormancy, while a swathe of wheat in the Southwest Plains missed out on rains needed to alleviate drought concerns, an analyst note said.
CBOT May soft red winter wheat WK26 was last down 1/2 cent to $6.02-3/4 per bushel. K.C. May hard red winter wheat KWK26 was last up 1/2 cent to $6.20-1/4 per bushel, while Minneapolis May spring wheat MWEK26 was down 4-3/4 cents to $6.41-1/4 per bushel.
CORN - Down 1 to 2 cents per bushel
Corn eased further from multi-year and multi-month highs on Tuesday, as U.S. President Donald Trump's prediction that the war with Iran could end soon sent crude oil tumbling.
Grain markets have been buffeted by wild fluctuations in crude oil, which surged to its highest since mid-2022 on Monday before plummeting as investors wrestled with the possible impact of the week-old U.S.-Israeli war against Iran.
Grain are influenced by oil fluctuations both because they are tied to commodity investment flows and since crops like soybeans and corn are widely used to produce biofuel.
CBOT May corn CK26 was last down 1-1/2 cents to $4.52-1/4 per bushel.
SOYBEANS - Up 1 to 2 cents per bushel
Chicago soybeans also fell from recent highs on softening crude oil prices.
Soyoil futures often tracks crude oil prices as it is often used as a biofuel.
Global supply remained ample for oilseeds, with an expected record Brazilian soybean crop set to swell availability.
CBOT May soybeans SK26 were last up 3-1/4 cents to $11.99-1/2 per bushel.