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CBOT Trends-Wheat up 20-24 cents, corn up 12-15 cents, soy up 25-40 cents

CHICAGO, July 29 (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 - Up 20 to 24 cents per bushel

* CBOT wheat is set to finish the week sharply higher after two weeks of decline. The most-active contract overnight hit its highest price since July 12.

* Traders are uncertain how much grain Ukraine will export through the Black Sea, despite expectations that shipments could resume within days.

* Ukraine's president said his country is awaiting a signal from the United Nations and Turkey to start shipments.

* CBOT September soft red winter wheat futures last traded 22 cents higher at $8.39 a bushel. K.C. September hard red winter wheat was last up 20 cents at $9.09-3/4, and MGEX September spring wheat was last 15-3/4 cents higher at $9.44-3/4.

CORN - Up 12 to 15 cents per bushel

* Corn rises on concerns that U.S. and European harvests will fall below earlier estimates due to unfavorable weather.

* The condition of France's maize crop deteriorated sharply for a second consecutive week, FranceAgriMer data showed.

* CBOT September corn futures last traded up 13-3/4 cents at $6.28-3/4 a bushel. New-crop December corn was last up 13-3/4 cents at $6.32-3/4.

* The most-active contract overnight reached its highest price since July 12.

SOYBEANS - Up 25 to 40 cents per bushel

* Soybean futures overnight touched their highest price since July 1 on hot, dry weather threatening U.S. crops nearing their key development phase.

* Moisture stress will focus on about 30% of soy and corn over the next 10 days, Commodity Weather Group said.

* There were no deliveries on August soybean, soymeal , or soyoil futures.

* CBOT August soybeans last traded up 40-3/4 cents at $16.50 per bushel, and new-crop November soybeans were last 25-1/2 cents higher at $14.66. (Reporting by Tom Polansek in Chicago; Editing by Paul Simao)

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