By Reuters
CHICAGO: 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 – Steady to down 3 cents per bushel
CBOT wheat ticked down as an advancing northern hemisphere harvest kept a lid on prices.
Consultancy Sovecon said on Tuesday it had raised its forecast for Russia鈥檚 wheat exports for the 2025-2026 season by 2.1 million metric tons to 42.9 million tons, reflecting improved crop prospects and competitive prices.
Wetter weather in the Northern Plains is expected to offer a late moisture boost to spring wheat, according to forecaster Commodity Weather Group.
The lowest price offered in an international tender from Bangladesh鈥檚 state grains buyer to purchase and import 50,000 metric tons of wheat on Wednesday was assessed at $268.90 a metric ton CIF liner out, European traders said.
CBOT September soft red winter wheat was last down 1-1/4 cents to $5.46-1/2 per bushel. K.C. September hard red wi