CBOT Trends-Wheat down 25-30 cents, soybeans down 15-20 cents, corn down 8-10 cents
CHICAGO, Nov 16 (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. CST (1430 GMT) on Wednesday.
WHEAT - Down 25 to 30 cents per bushel
* Wheat seen snapping three-session winning streak, with concerns about escalations in Russia-Ukraine war easing after NATO's secretary-general said that a blast in Poland was caused by a Ukrainian air defense missile.
* Private exporters reported the sale of 150,000 tonnes of hard red spring wheat to Iraq for delivery in the 2022/23 marketing year, the U.S. Agriculture Department said.
* Benchmark CBOT December soft red winter wheat contract fell below its five-day and 10-day moving averages during the overnight trading session.
* CBOT December soft red winter wheat ended the overnight trading session down 22 cents at $8.06-1/4 a bushel. K.C. December hard red winter wheat was last 16-1/2 cents lower at $9.46-1/2, and MGEX December spring wheat was last off 14-1/4 cents at $9.59-3/4.
CORN - Down 8 to 10 cents per bushel
* Pressure from falling wheat futures weighs on corn.
* Private exporters reported the sale of 1.867 million tonnes of corn to Mexico, USDA said.
* CBOT December corn was last 7 cents lower at $6.59-3/4 per bushel.
SOYBEANS - Down 15 to 20 cents per bushel
* Round of profit-taking expected in soybeans after most-active contract hit its highest in more than a week on Tuesday and reached the top end of its recent trading range.
* Weakness in crude oil market adds pressure to soy.
* Benchmark CBOT January soybeans fell below their 10-day and 200-day moving averages overnight.
* CBOT January soybeans last traded down 15-1/4 cents at $14.46-1/2 a bushel. (Reporting by Mark Weinraub Editing by Mark Potter)
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