CBOT Trends-Wheat steady-up 1 to 2 cents, corn up 4-8, soybeans up 16-18

CHICAGO, July 17 (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 - Steady to up 3 cents per bushel

  • CBOT wheat hit new two-year highs on Monday as disruptions to Black Sea shipments were feared after Russian and Ukrainian attacks on grain ports and ships continued.

  • Wheat prices rose in the past week after attacks on grain ships and ports in the Black Sea and the Sea of Azov by Ukraine and Russia. A Russian missile strikeon a ship carrying corn near Ukraine's Odesa port killed 10 people, Ukrainian officials said on Monday.

  • CBOT September soft red winter wheat WU26 was last unchanged at $6.82-3/4 per bushel. K.C. September hard red winter wheat KWU26 was up 2-3/4 cents to $7.35 per bushel, while Minneapolis September spring wheat MWEU26 rose 4-1/2 cents to $6.96-1/4 per bushel.

CORN - Up 4 to 8 cents per bushel

  • Corn futures rose on concerns over dryness in the U.S. Midwest during the grain's key growing stage.

  • Farmers in Brazil's center-south had harvested 49% of their 2026 second corn crop as of last Thursday, agribusiness consultancy AgRural said on Monday, up from 40% in the previous week but behind the 55% reported a year earlier.

  • U.S. exporters sold 100,000 metric tons of corn to Colombia for 2026/2027 delivery, the U.S. Department of Agriculture reported Monday morning.

  • CBOT December corn CZ26 was last up 8 cents to $4.75-1/2 per bushel.

SOYBEANS - Up 16 to 18 cents per bushel

  • Soybean futures rose on Chinese demand for U.S. soybeans.

  • U.S. exporters sold 264,000 metric tons of soybeans to China for 2026/2027 delivery and 110,000 tons of soybeans to unknown destinations for 2026/2027 delivery, the USDA said.

  • Soybean futures were underpinned by rising crude oil prices.

  • CBOT November soybeans SX26 were last up 18-1/4 cents to $12.21-1/4 per bushel.


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