CBOT Trends-Wheat and corn up 8-12 cents, soybeans up 15-25 cents
CHICAGO, Aug 24 (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 Wednesday:
WHEAT - Up 8 to 12 cents per bushel
* Wheat futures led higher by hard red winter crop contracts and on spillover support from higher corn and soybeans. Worries about dry southern Plains conditions hindering the upcoming planting season supportive to prices.
* CBOT September soft red winter wheat futures last traded 9 cents higher at $7.91-3/4 a bushel. K.C. September hard red winter wheat was last up 18-1/4 cents at $9.00-3/4 a bushel, and MGEX September spring wheat was last 12 cents higher at $9.12 a bushel.
CORN - Up 8 to 12 cents per bushel
* Corn higher for a fifth straight session as findings from a large U.S. Midwest crop tour fueled concerns about weather-reduced yields. Forecasts for dry weather in parts of the western Corn Belt also supportive.
* The actively traded December contract hit its highest level since June 28 during overnight trading.
* Scouts on an annual tour of top U.S. production states estimated Nebraska's corn yields at the lowest since 2013 following hot, dry weather this summer. Indiana corn yields were also below average.
* CBOT December corn futures were up 9-1/2 cents at $6.64-3/4 per bushel.
SOYBEANS - Up 15 to 25 cents per bushel
* Soybeans higher on concerns about a smaller U.S. harvest after a Midwest farm tour confirmed reduced yield prospects due to drought. Forecasts for dry weather in parts of the western Midwest and improving U.S. export demand also supportive.
* The actively traded November contract held technical chart support at its 100-day moving average in overnight trading and scaled to its highest level since Aug. 1.
* Scouts on an annual tour of top U.S. production states estimated soybean pod counts in Nebraska at the lowest since 2012. Indiana pod counts were below last year but above the tour's three-year average.
* In a daily announcement, the USDA confirmed private sales of 517,000 tonnes of U.S. soybeans to China for shipment in the 2022/23 marketing year. The agency confirmed 110,000 tonnes in sales a day earlier.
* CBOT November soybeans were last up 15-3/4 cents at $14.76-3/4 a bushel. (Reporting by Karl Plume; editing by Jonathan Oatis)
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