CBOT Trends-Wheat down 10-12 cents, corn down 4-6 cents, soy down 7-9 cents

CHICAGO, April 1 (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. CDT (1330 GMT) on Wednesday:

WHEAT - Down 10 to 12 cents per bushel

• CBOT wheat Wv1 dropped with crude oil after setting a three-week high on Tuesday on concerns about dryness threatening crops in the U.S. Plains.

• Rains will remain mainly east of most of the driest areas in the southwestern Plains this week, Commodity Weather Group said. Dryness will also cause stress for crops in the western Plains next week, the firm said.

• U.S. farmers planted 43.775 million acres of wheat for harvest this year, which was down from 45.328 million acres last year and the lowest since records began in 1919, the U.S. Department of Agriculture said on Tuesday. Analysts expected 44.786 million acres.

• CBOT May soft red winter wheat WK26 was last down 11-3/4 cents at $6.04-1/2 per bushel. K.C. May hard red winter wheat KWK26 was last down 13-1/4 cents at $6.22-1/4 per bushel, and Minneapolis May spring wheat MWEK26 was 7-3/4 cents lower at $6.50-3/4 per bushel.

CORN - Down 4 to 6 cents

• Grain futures declined with oil as investors saw rising chances for an end to the U.S.-Israeli war with Iran.

• Iran's new leader asked Washington for a ceasefire, U.S. President Donald Trump said on Truth Social.

• U.S. farmers intend to plant less corn and more soybeans in 2026 than last year, USDA said on Tuesday, as the war increases fertilizer prices.

• A quarterly USDA report on grain stocks reflected ample supplies that were larger on March 1 than a year earlier.

• CBOT May corn CK26 was last down 5 cents at $4.52-3/4 per bushel.

SOYBEANS - Down 7 to 9 cents

• Crop prices have broadly tracked fluctuations in oil during the war, reflecting the use of corn and soyoil in biofuels.

• USDA may raise its estimate for U.S. soybean plantings later this year as farmers shift acres away from corn due to higher fertilizer prices, analysts said,

• U.S. soybean processors likely crushed 6.430 million short tons, or 214.3 million bushels, of soybeans in February, analysts said ahead of a monthly USDA report due on Wednesday.

• CBOT May soybeans SK26 were last down 8 cents at $11.63 per bushel.