CHICAGO, Aug 3 (Reuters) - The following are U.S. expectations for the resumption of grain and soy complex trading at the Chicago Board of Trade at 8:30 a.m. CDT (1330 GMT) on Monday.
WHEAT - Up 1 cent to down 1 cent per bushel
CBOT wheat Wv1 mixed. Prices supported by fears that intensified fighting between Russia and Ukraine will further disrupt exports from the key global suppliers, but sharply lower crude oil on Monday weighed on the commodities markets in general.
Russia said on Monday it was stepping up protection of ships in the Azov-Black Sea basin while also developing alternative cargo routes. The move follows a sharp escalation of attacks at sea by both sides in the war in Ukraine.
CBOT September soft red winter wheat WU26 was last up 1 cent at $6.40-1/4 per bushel. K.C. September hard red winter wheat KWU26 was down 3/4 cent at $7.06-3/4 per bushel, and Minneapolis September spring wheat MWEU26 was down 2-1/4 cents at $6.87-1/2 per bushel.
CORN - Down 2 to 4 cents per bushel
Corn Cv1 weaker on beneficial rain in U.S. crop areas and as crude oil prices fell sharply amid prospects for a peace deal between the United States and Iran.
The USDA is due to update its weekly crop progress report later on Monday. The agency cut its rating for corn in good-to-excellent condition last week by more than expected following a stretch of hot, dry Midwest weather.
Brazil's total corn production in 2025/26 is expected to reach 142.8 million metric tons, agribusiness consultancy AgRural said on Monday, raising its forecast from the 139.9 million tons estimated in early June.
CBOT December corn CZ26 was last down 2-1/2 cents at $4.61-1/2 per bushel.
SOYBEANS - Down 3 to 8 cents per bushel
Soybeans Sv1 lower on improved rains across much of the Midwest farm belt, and as crude oil prices tumbled. Strong export demand limiting declines.
Traders are awaiting the USDA's weekly crop progress report due later on Monday after the agency cut its rating for soybeans in good-to-excellent condition last week by more than expected.
The U.S. Department of Agriculture on Monday confirmed private sales of 488,000 metric tons of U.S. soybeans to China and 136,150 tons to undisclosed buyers, all for shipment in the 2026/27 marketing year.
CBOT November soybeans SX26 were last down 7-3/4 cents at $11.79-3/4 per bushel.
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