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CBOT Trends-Soy up 1-3 cents, wheat steady-up 3 cents, corn steady-up 2 cents

CHICAGO, Nov 18 (Reuters) - Following are U.S. trade expectations for the resumption of grain and soy complex trading at the Chicago Board of Trade (CBOT) at 8:30 a.m. CST (1430 GMT) on Friday.

WHEAT - Steady to up 3 cents per bushel

* Mild bargain buying expected in wheat after most-active contract fell to a 2-1/2 month low on Thursday. Gains kept in check by poor export demand for U.S. supplies, with traders focused on deal to keep Black Sea corridor for Ukraine grain shipments open.

* Soft red winter wheat futures on track for a weekly loss of 0.5% after having fallen in five of the previous six weeks.

* Benchmark CBOT December soft red winter wheat contract hit resistance near its five-day moving average during the overnight trading session.

* CBOT December soft red winter wheat ended the overnight trading session up 3 cents at $8.09-3/4 a bushel. K.C. December hard red winter wheat was last 3/4 cent lower at $9.37-1/4, and MGEX December spring wheat was last down 1/2 cent at $9.53-1/4.

CORN - Steady to up 2 cents per bushel

* Follow-through technical bounce expected in corn after market managed higher close on Thursday despite trading in negative territory for much of the session.

* CBOT December corn was last 3/4 cent higher at $6.68-1/4 per bushel.

SOYBEANS - Up 1 to 3 cents per bushel

* Bargain buying expected in soybeans after falling 2.8% over the previous two sessions. Weakness in crude oil, concerns about overseas demand shifting to South America in coming weeks to limit buying, traders said.

* Benchmark CBOT January soybean futures rose above their 50-day moving average during overnight trading. Traders watching to see if contract can break through resistance at its 20-day moving average.

* CBOT January soybeans last traded up 2-1/4 cents at $14.19-1/4 a bushel. (Reporting by Mark Weinraub; Editing by Emelia Sithole-Matarise)

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