CBOT Trends-Corn, soy up 6-10 cents; wheat down 2-6 cents
CHICAGO, Jan 28 (Reuters) - Following are U.S. trade expectations for the opening of grain and soy complex trading at the Chicago Board of Trade (CBOT) at 8:30 a.m. CST (1430 GMT) on Thursday.
WHEAT - Down 2 to 6 cents per bushel
* Wheat futures easing after snowstorm in Plains earlier this week provided a key shot of moisture for soils in the region.
* The U.S. Agriculture Department said that export sales of wheat totaled 596,500 tonnes in the week ended Jan. 21, in line with forecasts for 250,000 tonnes to 650,000 tonnes.
* CBOT March soft red winter wheat last traded down 4-3/4 cents at $6.53-1/2 per bushel. K.C. March hard red winter wheat dropped 3-1/4 cents to $6.33-1/2 per bushel. MGEX March spring wheat was down 1-1/2 cents at $6.31-1/4 per bushel.
CORN - Up 6 to 10 cents per bushel
* Strong world demand, highlighted by recent Chinese purchases of U.S. supplies, supports corn futures.
* Traders watching to see if most-active corn contract can break through 6-1/2 year high of $5.43-3/4 hit on Wednesday. Corn faltered near that level overnight.
* Corn export sales were 1.85 million tonnes, topping market estimates for 900,000 to 1.7 million tonnes.
* CBOT March corn was last 7-1/2 cents higher at $5.41-1/2 per bushel.
SOYBEANS - Up 6 to 10 cents per bushel
* Soybeans seen rising for fourth day in a row, supported by technical buying and strong export demand.
* Weekly soybean export sales totaled 2.03 million tonnes, topping market estimates that ranged from 1.25 million to 1.95 million tonnes.
* Benchmark CBOT March soybean futures contract rebounded from overnight weakness after finding support at its 20-day moving average. The contract then rose above its 10-day moving average.
* CBOT March soybeans were last up 8-1/2 cents at $13.83-1/4 per bushel. (Reporting by Mark Weinraub Editing by Mark Heinrich)
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