CBOT Trends - Wheat, soybeans up 1-3 cents, corn up 1-2 cents
CHICAGO, Aug 5 (Reuters) - Following are U.S. trade expectations for the opening 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 1 to 3 cents per bushel
* Wheat higher in a technical bounce a day after the CBOT September contract fell to a near one-month low at $5.07-3/4 a bushel, and K.C. hard red winter wheat and MGEX spring wheat futures set contract lows.
* Traders await results of an international wheat purchase tender set by Egypt's main state wheat buyer, the General Authority for Supply Commodities (GASC).
* Lebanon's main grain silo at Beirut port was destroyed in a blast, leaving the nation with less than a month's reserves of the grain but enough flour to avoid a crisis, the economy minister said.
* CBOT September soft red winter wheat last traded up 3-1/4 cents at $5.11-1/2 per bushel. K.C. September hard red winter wheat was last up 3 cents at $4.25-1/4 a bushel and MGEX September spring wheat was last up 3-1/2 cents at $5.05-1/4.
CORN - Up 1 to 2 cents per bushel
* Corn futures firm on short-covering a day after the front five contract months sank to contract lows. Rallies capped by generally favorable crop weather in the Midwest and private estimates for a bumper U.S. corn harvest this autumn.
* CBOT December corn last traded up 1 cent at $3.21-1/4 per bushel.
SOYBEANS - Up 1 to 3 cents per bushel
* Soybeans seen modestly higher on technical buying and short-covering a day after the benchmark November contract fell 1.6% and dipped to $8.79-1/4 a bushel, its lowest since July 15. Fresh export sales to China may lend support. Rallies limited as generally favorable Midwest weather feeds expectations of a large U.S. crop.
* The U.S. Department of Agriculture said private exporters sold 192,000 tonnes of U.S. soybeans to China for delivery in the 2020/21 marketing year that begins Sept. 1.
* The CBOT reported no deliveries against the August soybean futures contract. The exchange reported 219 August soymeal deliveries, with the Term house account stopping 90 lots, and 142 August soyoil deliveries, with the CHS and Bunge house accounts stopping 73 and 67 contracts respectively.
* CBOT November soybeans last traded up 1 cent at $8.82-3/4 per bushel. (Reporting by Julie Ingwersen)
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