CHICAGO, April 7 (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 Tuesday:
WHEAT - Down 1 to 4 cents per bushel
Wheat lower on forecasts for rain in the drought-stressed Plains. Weaker-than-expected U.S. winter wheat crop conditions limiting declines.
Rainfall later this week is expected to alleviate overly dry conditions in the central and southwest Plains, meteorologists said. Western Kansas and eastern Colorado were likely to remain excessively dry into late April.
The U.S. Department of Agriculture said just 35% of the U.S. winter wheat crop was in good-to-excellent condition as of Sunday, below the average analyst estimate of 42%. Spring wheat planting was 3% complete, one point ahead of expectations.
CBOT May soft red winter wheat WK26 was last down 1-3/4 cents at $5.93-1/2 per bushel. K.C. May hard red winter wheat KWK26 was last down 3-1/2 cents at $6.04-3/4 per bushel, and Minneapolis May spring wheat MWEK26 was 2-3/4 cents lower at $6.41-3/4 per bushel.
CORN - Steady to down 3 cents
Corn futures ease after two sessions of moderate advances. Prices remain range-bound as traders monitor developments in Iran and look ahead to a monthly USDA supply and demand report on Thursday.
The USDA said U.S. farmers have planted 3% of their corn crop as of Sunday, one point ahead of the average trade estimate.
CBOT May corn CK26 was last down 1 cent at $4.53 per bushel.
SOYBEANS - Steady to up 2 cents
Soybeans edge higher as firmer crude oil prices lift soyoil futures to a three-year peak. Trading remains range-bound ahead of Thursday's USDA supply and demand report.
Brazilian farmers had harvested 82% of their 2025/26 soybean crop as of last Thursday, agribusiness consultancy AgRural said on Monday, up 7 percentage points from the previous week but below the 87% reported a year earlier.
CBOT May soybeans SK26 were last up 1-1/4 cents at $11.68 per bushel.