CBOT Trends-Wheat down 6-7 cents, corn down 2-3 cents, soy down 3-5 cents

CHICAGO, May 5 (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 6 to 7 cents per bushel

• Wheat futures turned lower in early moves, lead by declines in K.C. hard red winter wheat futures on signs of scattered rains in drought-hit areas of the southern Plains and weakness in crude oil.

• The U.S. Department of Agriculture on Monday rated 31% of the nation's winter wheat crop in good to excellent condition, up from 30% a week earlier, while analysts surveyed by Reuters on average had expected no change.

• The USDA said the U.S. spring wheat crop was 32% planted, lagging the five-year average of 35%. US/WHE

• The CBOT reported no deliveries against CBOT May WK26 wheat futures and 39 deliveries against K.C. May KWK26 hard red winter wheat futures. WHE/D

• CBOT July soft red winter wheat WN26 was last down 6-1/2 cents at $6.34-1/2 per bushel. K.C. July hard red winter wheat KWN26 was last down 10-1/4 cents at $6.84-1/4 a bushel, and Minneapolis July spring wheat MWEN26 was last down 6-1/4 cents at $6.92-3/4 a bushel.

CORN - Down 2 to 3 cents per bushel

• Corn futures retreated after the benchmark CBOT July contract CN26 reached $4.87-1/2 per bushel in early moves, matching its highest level since March 9. Declines in crude oil CLc1 add pressure.

• Farmer corn sales picked up on Monday, one broker said, as the new-crop December contract CZ26 closed above $5 a bushel for the first time since late 2023.

• The USDA said the U.S. corn crop was 38% seeded as of Sunday, ahead of the five-year average of 34%.

• The CBOT reported 35 deliveries against CBOT May CK26 corn futures, with the ADM house account stopping all. COR/DEL

• CBOT July corn CN26 was last down 3-1/4 cents at $4.82-1/2 per bushel.

SOYBEANS - Down 3 to 5 cents per bushel

• Soybean futures declined on profit-taking and technical selling a day after the most-active July contract SN26 touched a seven-week high. Softening crude oil CLc1 futures add to bearish sentiment. O/R

• The USDA said the U.S. soybean crop was 33% planted as of Sunday, well ahead of the five-year average of 23%.

• StoneX on Monday raised its estimate of Brazil's 2025/26 soybean harvest to 181.6 million metric tons, up from its April forecast of 179.66 million tons.

• The CBOT reported 110 deliveries against CBOT May SK26 soybean futures, with the Bunge house account receiving 57 lots. SOY/DEL

• The exchange reported no deliveries against May soyoil BOK26 futures or May soymeal futures. SBO/DEL MEAL/DEL

• CBOT July soybeans SN26 were last down 4-3/4 cents at $12.18 per bushel.