CBOT Trends-Wheat down 4-7 cents, corn down 7-8 cents, soy down 14-17 cents
CHICAGO, Sept 1 (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 Thursday.
WHEAT - Down 4 to 7 cents per bushel
* Wheat futures falling on concerns about global economic recession.
* CBOT December soft red winter wheat futures last traded down 5-1/4 cents at $8.26-1/4 a bushel. K.C. December hard red winter wheat was last off 7-1/4 cents at $9.05-1/4 a bushel, and MGEX December spring wheat was last 3-3/4 cents lower at $9.25-3/4 a bushel.
CORN - Down 7 to 8 cents per bushel
* Fund selling pressuring corn futures as investors take risky assets out of the market ahead of the U.S. Labor Day holiday.
* CBOT December corn futures were down 8 cents at $6.62-1/2 per bushel.
SOYBEANS - Down 14 to 17 cents per bushel
* Technical selling, weakness in soyoil futures weighing on soybeans.
* Forecasts for massive U.S. and Brazilian crops add pressure to the soybean market, which has fallen for three days in a row.
* Benchmark CBOT November soybean futures contract firmed early in the overnight trading session but turned lower after hitting resistance near its 10-day moving average.
* Private exporters reported the sale of 396,000 tonnes of soybeans to unknown destinations, the U.S. Agriculture Department said.
* The contract then dropped below its 20-day, 30-day and 200-day moving averages.
* CBOT November soybeans were last 14 cents lower at $14.08-1/2 a bushel. (Reporting by Mark Weinraub; Editing by Paul Simao)
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