CBOT Trends-Wheat down 2-8 cents, soybeans down 5-10, corn mixed
CHICAGO, Aug 5 (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 8 cents per bushel
* Wheat futures lower for fifth time in six sessions. Resumption of grain shipping from Ukraine tempered some global supply concerns and weighed on prices.
* The September contract is on pace for a 4% weekly decline, its third drop in four weeks.
* Three grain ships left Ukrainian ports on Friday while the first inbound cargo vessel since Russia's invasion was due in Ukraine later in the day to load.
* Russia may downgrade its forecast for grain exports if its harvest fall short of expectations.
* Argentina's 2022/23 wheat crop got much needed rains.
* CBOT September soft red winter wheat futures last traded 6-1/2 cents lower at $7.76 a bushel. K.C. September hard red winter wheat was last down 5-1/2 cents at $8.54-3/4 a bushel, and MGEX September spring wheat was last 5-1/2 cents lower at $8.88-3/4.
CORN - Up 2 cents to down 2 cents per bushel
* Corn narrowly mixed as traders weigh slightly improved weather in parts of the U.S. Midwest following recent heat and dryness that stressed the crop.
* The December contract is on pace for a 7% weekly rise, the strongest for a most-active contract in seven weeks.
* Three ships carrying a total of 58,041 tonnes of corn have been authorized to leave Ukrainian ports on Friday as part of a deal to unblock grain exports.
* CBOT September corn futures last traded down 3/4 cent at $6.01-1/2 a bushel. New-crop December corn was last 1 cent lower at $6.05-1/4.
SOYBEANS - Down 5 to 10 cents per bushel
* Soybean weaker as market assesses slightly improved chances for rain in the western U.S. Midwest following recent heat and dryness that stressed the crop. Improved export demand for new-crop shipments limiting declines.
* The actively traded November contract is on pace for a 4% weekly decline after jumping nearly 12% last week.
* The U.S. Department of Agriculture said private exporters sold 132,000 tonnes of U.S. soybeans to China and 132,000 tonnes to undisclosed buyers for shipment in the 2022/23 marketing year.
* CBOT November soybeans were last 9-3/4 cents lower at $14.08 a bushel. (Reporting by Karl Plume; editing by Jonathan Oatis)
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