CBOT Trends-Wheat up 3-4 cents, corn up 1-3 cents, soy flat-up 1 cent
CHICAGO, June 24 (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 Wednesday.
WHEAT - Up 3 to 4 cents per bushel
Wheat futures rebounded after falling for the previous three sessions.
U.S. winter wheat harvesting has progressed faster than normal, government data showed, after farmers in the Plains grappled with drought during the growing season and rains at harvest time.
Traders were watching for beneficial rains in the northern U.S. Plains, where farmers grow spring wheat.
CBOT July soft red winter wheat WN26 was last up 3-1/4 cents at $5.90 per bushel. K.C. July hard red winter wheat KWN26 was last up 4-3/4 cents at $6.23 per bushel, and Minneapolis July spring wheat MWEN26 was up 1/4 cent at $5.90-1/2 per bushel.
CORN - Up 1 to 3 cents per bushel
Corn futures edged higher, with traders waiting for highly anticipated U.S. acreage and stocks data due out on June 30. Traders also monitored U.S. export demand and crop weather.
Next week, rain will limit stress to crops as temperatures rise in the Midwest, Commodity Weather Group said.
Crude oil prices fell toward four-month lows and the dollar marched up to one-year highs, keeping a lid on grain prices.
CBOT July corn CN26 was last up 1-1/2 cents at $4.11-1/4 per bushel.
SOYBEANS - Flat to 1 cent higher
Soybean futures were nearly flat as traders watched for U.S. sales to top importer China.
USDA is scheduled to issue U.S. acreage estimates on June 30, along with quarterly data on U.S. grain stocks.
"Like corn, the soybean futures appear comfortable to be trading in a sideways range here until the reports next week Tuesday," CHS Hedging said in a note.
CBOT July soybeans SN26 were last up 1/2 cent at $11.17-1/2 per bushel.
