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332851

CBOT Trends-Wheat and corn up 2-5 cents, soybeans up 10-20 cents

CHICAGO, Aug 26 (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. CDT (1330 GMT) on Friday.

WHEAT - Up 2 to 5 cents per bushel

* Wheat futures firm, following gains in corn and soybeans. A weaker U.S. dollar also supportive.

* CBOT September soft red winter wheat futures last traded 2-3/4 cents higher at $7.72-1/2 a bushel. K.C. September hard red winter wheat was last up 1-1/4 cents at $8.70-1/4 a bushel, and MGEX September spring wheat was last 2 cents higher at $8.84-3/4 a bushel.

CORN - Up 2 to 5 cents per bushel

* Corn firm on supply worries after a large U.S. Midwest crop tour highlighted drought-scorched crops in parts of the western Corn Belt.

* The actively traded December contract was on pace for a nearly 2% weekly advance, which would be its fifth straight weekly gain.

* Findings during the Pro Farmer Midwest crop tour fueled concerns that good corn yields in the northern and eastern Corn Belt may not offset losses in the west. Pro Farmer is due to release its national yield and harvest forecast later on Friday.

* CBOT December corn futures were up 3-3/4 cents at $6.53-3/4 per bushel.

SOYBEANS - Up 10 to 20 cents per bushel

* Soybeans higher on concerns about the U.S. harvest after a closely followed crop tour this week highlighted extensive drought damage in the western Midwest. Improving export demand also supportive.

* Findings from the Pro Farmer Midwest crop tour raised concerns that good soy crop prospects in the northern and eastern Midwest may not be strong enough to offset drought losses in western areas. Pro Farmer is due to release its national yield and harvest forecast later on Friday.

* The U.S. Department of Agriculture on Friday confirmed private sales of 146,000 tonnes of U.S. soybeans for shipment to undisclosed buyers in the 2022/23 marketing year. It was the third large daily sales announcement this week.

* CBOT November soybeans were last up 12 cents at $14.43-1/4 a bushel. (Reporting by Karl Plume)

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