Wheat down 2-3 cents, corn steady-down 1, soy up 1-3

The article provides an overview of the U.S. Department of Agriculture's anticipated reports on the grain and soy complex trading at the Chicago Board of Trade, set for release at 8:30 a.m. CST on a Friday. It discusses the expectations surrounding wheat, corn, and soybean futures, highlighting the factors influencing their prices such as the strong dollar, USDA's export sales reports, and concerns about weather conditions in South America. Wheat futures are projected to decline, corn futures to remain steady or decrease slightly, while soybean futures are expected to increase due to positioning, South American weather concerns, and higher soyoil prices.

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. CST (1430 GMT) on Friday. NOTE: The U.S. Department of Agriculture will release reports on world supply/demand, grain stocks, crop production and winter wheat seedings on Friday. WHEAT – Down 2 to 3 cents per bushel * Wheat futures slipped as traders struggled to find bullish drivers, with a strong U.S. dollar adding pressure. * The USDA reported export sales of U.S. wheat for the week ended Jan. 2 at 111,300 metric tons, below trade estimates ranging from 150,000 to 500,000 tons. * CBOT March soft red winter wheat (WH25) was last down 3 cents at $5.31 a bushel. K.C. March hard red winter wheat (KWH25) was down 2 cents to $5.48-1/4 a bushel and Minneapolis March spring wheat (MWEH25) was down 1-1/2 cents to $5.82 a bushel. CORN – Steady to down 1 cent per bushel * CBOT corn futures chopped up and down as traders adjusted positions ahead of the USDA’s ...