CBOT Trends-Wheat steady-down 2 cents, corn down 2-3, soybeans mixed
CHICAGO, June 11 (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 Thursday.
WHEAT - Steady to down 2 cents per bushel
CBOT wheat futures edged down as traders adjusted positions before a widely followed U.S. government crop forecast later in the day.
Analysts polled by Reuters, on average, expect the U.S. Department of Agriculture to trim its wheat production forecasts.
The USDA reported net weekly wheat export sales at 666,300 metric tons.
CBOT July soft red winter wheat WN26 was last down 1 cent at $5.86-1/2 a bushel. K.C. July hard red winter wheat KWN26 was last up 1/2 cent at $6.31 a bushel, while Minneapolis July spring wheat MWEN26 was up 4-1/2 cents at $6.22-1/2 a bushel.
CORN - Down 2 to 3 cents per bushel
Corn futures ticked down as traders anticipated the USDA's monthly supply and demand report.
Thursday's USDA report is expected to show larger corn crops in Brazil and Argentina.
The USDA reported net weekly corn export sales at 1,927,300 metric tons.
Cooler, wetter weather this week in the U.S. Midwest is expected to aid crop development, according to Commodity Weather Group.
CBOT July corn CN26 was last down 2-1/4 cents at $4.16-3/4 per bushel.
SOYBEANS - Up 2 to down 2 cents per bushel
Soybean futures eased on position squaring as traders awaited the USDA's crop report.
Subdued oil prices, as investors assessed the latest U.S. and Iranian strikes in the Middle East conflict, also removed impetus for oilseeds like soybeans that are partly used for biofuel. O/R
The USDA reported net weekly soybean export sales at 352,800 metric tons.
CBOT July soybeans SN26 were last down 1-1/4 cents at $11.21-3/4 per bushel.
