CBOT Trends - Soybeans up 10-13 cents; wheat up 3-6 cents; corn up 2-5 cents
CHICAGO, March 8 (Reuters) - Following are U.S. trade expectations for the opening of grain and soy complex trading at the Chicago Board of Trade (CBOT) 8:30 a.m. CST (1430 GMT) on Monday.
WHEAT - up 3-6 cents per bushel
* CBOT wheat is supported by a strong soybean market, but pressure continues as weather forecasts for the U.S. Southern Plains show beneficial rains for winter wheat there.
* A government agency in Pakistan has issued a new international tender to purchase and import 300,000 tonnes of wheat, European traders said on Monday.
* CBOT May soft red winter wheat last traded 4-1/2 cents higher at $6.57-1/2 per bushel. K.C. May hard red winter wheat was last 3-1/4 cents higher at $6.29-1/2 per bushel and MGEX May spring wheat was up 3-3/4 cents to $6.49 per bushel.
CORN - Up 2 to 5 cents per bushel
* Wet weather continues to hamper Brazilian harvest and second crop corn planting, adding support to CBOT corn amid tight global stocks.
* Back-month contracts reached new contract highs overnight, with September corn reaching $5.04-1/4 per bushel.
* CBOT May corn was last 4 cents higher at $5.49-1/2 per bushel.
SOYBEANS - Up 10 to 13 cents per bushel
* Soybeans boosted overnight as dryness in Argentina has hit yields, while excessive rain in Brazil is delaying harvest and slowing exports to China.
* New life-of-contract highs were notched for all months overnight, with CBOT May soybeans touching $14.60 per bushel, the highest for a most-active contract since June 11, 2014.
* China's soybean imports in the first two months of 2021 fell slightly from a year earlier, customs data showed on Sunday, as rains in top exporter Brazil slowed some shipments.
* Brazil's soybean harvest is just 25% completed, the slowest pace in 10 years, according to agribusiness consultancy AgRural. The delay is sending truck freight rates soaring.
* CBOT May soybeans were last 12-3/4 cents higher at $14.42-3/4 per bushel. (Reporting by Mark Weinraub; Editing by Jonathan Oatis)
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