CBOT Trends-Wheat up 12-18 cents, corn up 3-6, soy up 6-8
CHICAGO, July 22 (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 12 to 18 cents per bushel
CBOT wheat gained more ground on Wednesday, as attacks on Black Sea grain cargoes and lower U.S. production estimates from a crop tour underscored worries over global supplies.
Wheat prices have climbed in recent weeks after attacks on grain ships and port infrastructure in the Black Sea and the Sea of Azov by both Ukraine and Russia.
Crop scouts on the first day of an annual three-day tour of North Dakota's hard red spring wheat crop projected an average yield in the southern portion of the state at 46.0 bushels per acre.
That figure was 8% below the estimate for the same area last year and just above the five-year average of 45.8 bpa.
CBOT September soft red winter wheat WU26 was last up 20 cents at $6.98 per bushel. K.C. September hard red winter wheat KWU26 was up 17-1/2 cents at $7.50-1/2 per bushel, while Minneapolis September spring wheat MWEU26 rose 11-3/4 cents to $7.16 per bushel.
CORN - Up 3 to 6 cents per bushel
Corn turned higher as rising crude oil prices underpinned futures. Corn is commonly used as a feedstock for biofuel.
Forecasts for hot, dry weather in the U.S. Midwest will add stress to the region's corn crop.
CBOT December corn CZ26 was last up 7 cents to $4.82-1/4 per bushel.
SOYBEANS - Up 6 to 8 cents per bushel
Soybean futures firmed, tracking higher crude prices amid escalating tensions in the Middle East, which have curtailed global oil supplies.
CBOT November soybeans SX26 were last up 8-3/4 cents to $12.31-1/2 per bushel.
