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CBOT Trends-Wheat down 5-6 cents, soy down 4-6 cents, corn down 4-7 cents
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CHICAGO, June 23 (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 - Down 5 to 6 cents
CBOT wheat eased on an accelerating winter wheat harvest in the U.S. and forecasts for the Russian wheat harvest becoming more optimistic.
Argus Media has increased its forecast for Russia's 2025/26 wheat production by 4.5 million metric tons since March, projecting output to reach 84.8 million tons, now significantly higher than last year's harvest of 81.3 million tons.
Egypt has imported 4.9 million metric tons of wheat so far this year, the agriculture ministry said on Monday.
CBOT July soft red winter wheat WN25 was last down 5-3/4 cents at $5.62 per bushel. K.C. July hard red winter wheat KWN25 was last down 4-3/4 cents at $5.58-1/2 per bushel, and Minneapolis July spring wheat MWEN25 slipped 1-3/4 cents to $6.37 per bushel.
CORN - Down 4 to 7 cents
CBOT corn fell to 2025 lows on favorable weather in the U.S. Midwest.
A mix of heat and showers over the next 10 days is expected to benefit the U.S. crop, according to Commodity Weather Group.
Farmers in Brazil's key center-south region had harvested 13% of their 2025 second corn crop as of last Thursday, up from 5.2% the previous week but well below the 34% reported at the same time last year, agribusiness consultancy AgRural said on Monday.
CBOT July corn CN25 last down 6-1/4 cents at $4.22-1/2 per bushel.
SOYBEANS - Down 4 to 6 cents
CBOT soybeans Sv1 reversed gains after soyoil prices followed crude oil higher on fears that U.S. strikes on Iranian nuclear facilities could lead to supply disruption.
Soyoil is closely connected to crude prices because it is used in biofuel as a substitute for fossil fuel.
Oil prices touched a five-month high before falling back on Monday as oil and gas transit continued on tankers from the Middle East after U.S. airstrikes against Iran.
In the world's biggest buyer China, soybean imports from Brazil surged 37.5% last month from a year earlier, data showed on Friday, as buyers scooped up South America's bumper crop. Supplies from the United States also rose 28.3%.
CBOT July soybeans SN25 were last down 4-1/2 cents at $10.63-1/2 per bushel.
(Reporting by Renee Hickman; Editing by Emelia Sithole-Matarise)
((renee.hickman@thomsonreuters.com))