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CBOT Trends-Wheat down 2-4 cents, corn down 2-3 cents, soy steady-down 2 cents

CHICAGO, Nov 7 (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 - Down 2 to 4 cents per bushel

* Wheat seen lower for the third time in the last four sessions, but uncertainty about grain exports from the Black Sea region and poor crop weather in key parts of Australia providing some support.

* Benchmark CBOT December soft red winter wheat fell below its 10-day moving average during the overnight trading session.

* CBOT December soft red winter wheat ended overnight trading down 3-1/2 cents higher at $8.44-1/4 a bushel. K.C. December hard red winter wheat was down 2 cents at $9.51-1/4 a bushel, and MGEX December spring wheat gained 1/4 cent to $9.54-3/4 a bushel.

CORN - Down 2 to 3 cents per bushel

* Corn weakening on poor export prospects for U.S supplies.

* Position-squaring expected ahead of key U.S. Agriculture Department report on Wednesday that will update the government's yield and production forecasts.

* CBOT December corn futures last traded 2-1/2 cents lower at $6.78-1/2 per bushel.

SOYBEANS - Steady to down 2 cents per bushel

* Soybeans seen easing slightly after rising in six of the previous seven sessions and hitting their highest in six weeks on Friday.

* Declines kept in check by strong demand.

* CBOT soyoil hit its highest on a continuous basis since mid-June overnight.

* Traders watching to see if benchmark CBOT January soybean futures contract can hold support above the high end of its 20-day Bollinger range after briefly breaking through that key technical point overnight.

* CBOT January soybeans were last 2-1/2 cents lower at $14.49 a bushel. (Reporting by Mark Weinraub; Editing by Paul Simao)

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