CBOT Trends-Wheat up 1-3 cents, corn and soybeans up 2-4 cents
CHICAGO, April 27 (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 Monday:
WHEAT - Up 1 to 3 cents per bushel
Wheat firmed on higher crude oil prices and a weaker U.S. dollar. Gains limited by crop-boosting rains in the U.S. Plains wheat belt.
Periods of rain over the next two weeks in the Plains are due to bring relief to the drought-hit crop, Commodity Weather Group said. But the forecaster said up to a third of the winter wheat crop would remain stressed in the near term.
Saudi Arabia's main state buying agency said that it bought 985,000 metric tons of wheat in an international tender.
CBOT July soft red winter wheat WN26 was last up 2-1/4 cents at $6.19 per bushel. K.C. July hard red winter wheat KWN26 was last down 1-3/4 cents at $6.68 per bushel, and Minneapolis July spring wheat MWEN26 traded unchanged at $6.93-1/4 per bushel.
CORN - Up 2 to 4 cents per bushel
Corn futures edged up on rising crude oil prices and as rain in the Midwest stalled planting.
Benchmark July corn CN26 held technical chart support at its 50-day moving average and climbed to its highest point since April 3 during overnight trading.
Midwest rains are expected to taper by the middle of the week so farmers are unlikely to remain sidelined for long.
CBOT July corn CN26 was last up 3 cents at $4.66-1/2 per bushel.
SOYBEANS - Up 2 to 4 cents per bushel
Soybeans firmed on higher crude oil and as rainy weather delayed planting in the Midwest. Gains capped by ample supplies from bumper harvests in South America.
CBOT July soybeans SN26 were last up 2-1/2 cents at $11.81 per bushel.
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