CBOT Trends-Soybeans down 9-11 cents, corn down 1-2 cents, wheat steady-firm
CHICAGO, Oct 1 (Reuters) -Following are U.S. expectations for the resumption of grain and soy complex trading at the Chicago Board of Trade (CBOT) at 8:30 a.m. CDT (1330 GMT) on Tuesday.
WHEAT - Steady to up 1 cent per bushel
* CBOT wheat seen steady to firmer in range-bound trade, underpinned by worries about dry conditions in Russia and the U.S. Plains wheat belt. The benchmark CBOT December wheat contract WZ24 stayed inside of Monday's trading range in early moves.
* Russia's Voronezh region, one of the country's key farming areas for grain and sugar beet, declared a state of emergency due to drought, the local agriculture ministry said.
* The U.S. Department of Agriculture (USDA) late Monday said the U.S. 2025 winter wheat crop was 39% planted, just ahead of the five-year average of 38%.
* CBOT December soft red winter wheat WZ24 was last up 1/2 cent at $5.84-1/2 a bushel. K.C. December hard red winter wheat KWZ24 was last up 3/4 cent at $5.84-1/2 a bushel, and MGEX December spring wheat MWEZ24 was last up 1-1/4 cents at $6.23 a bushel.
CORN - Down 1 to 2 cents per bushel
* Corn futures ease on profit-taking and technical selling a day after the benchmark December contract CZ24 climbed to a three-month high, buoyed by a smaller-than-expected U.S. Sept. 1 corn stocks figure released by the USDA.
* Under its daily reporting rules, the USDA confirmed private sales of 195,000 metric tons of U.S. corn to undisclosed destinations.
* Harvest pressure continues to anchor futures prices. The USDA late Monday said the U.S. corn harvest was 21% complete, behind an average of trade expectations but still ahead of the five-year average of 18%.
* CBOT December corn CZ24 was last down 2 cents at $4.22-3/4 per bushel.
SOYBEANS - Down 9 to 11 cents per bushel
* Soybean futures face pressure from the ongoing U.S. harvest and some forecasts for much-needed rains next week in northern Brazil, where dry weather has stalled planting. Profit-taking noted as well, one day after the most-active November soybean contract SX24 reached a two-month high.
* The USDA confirmed private sales of 120,000 metric tons of U.S. soybeans to undisclosed destinations.
* The USDA late Monday said the U.S. soybean harvest was 26% complete, ahead of an average of trade expectations and the five-year average of 18%.
* Ahead of monthly processing data due from the USDA later on Tuesday, analysts surveyed by Reuters on average expect the government to report the U.S. August soybean crush at 167.6 million bushels, the smallest tally for any month since September 2021.
* CBOT November soybeans SX24 were last down 10-3/4 cents at $10.46-1/4 per bushel.
Reporting by Julie Ingwersen
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