CBOT Trends-Wheat down 3-5 cents, corn and soy steady to mixed

Reuters
2025/12/15
CBOT Trends-Wheat down 3-5 cents, corn and soy steady to mixed

CHICAGO, Dec 15 (Reuters) - 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 Monday.

WHEAT - Down 3 to 5 cents per bushel

  • CBOT wheat Wv1 touched its lowest price since October 31 as ample world stocks hung over the market, analysts said.

  • U.S. wheat export sales of 361,700 metric tons for the week ended November 20 were toward the low end of analysts' expectations.

  • Chinese state-owned agribusiness COFCO International was loading the first bulk commercial shipment of Argentine wheat bound for China, the company said.

  • In Russia, wheat export prices kept going up last week.

  • CBOT March soft red winter wheat WH26 last traded down 3-3/4 cents at $5.25-1/2 per bushel. K.C. March hard red winter wheat KWH26 last traded 3-3/4 cents lower at $5.14-1/4 a bushel. Minneapolis March spring wheat MWEH26 last traded 3/4 cent lower at $5.75 a bushel.

CORN - Steady to mixed

  • Corn futures consolidated, as solid U.S. export sales underpinned the market.

  • The U.S. Department of Agriculture reported that exporters sold 150,320 metric tons of U.S. corn to unknown buyers for 2025/2026 delivery.

  • U.S. corn export sales for the week ended November 20 were 1.8 million metric tons, within analysts' expectations.

  • CBOT March corn CH26 was last down 1/2 cent at $4.40-1/4 a bushel.

SOYBEANS - Steady to mixed

  • Most-active futures Sv1 finished nearly flat after hitting their lowest level since October 30.

  • Profit-taking and expectations for large Brazilian output continued to weigh on prices, though bargain buying helped stabilize the market, traders said.

  • The USDA reported that exporters sold 136,000 metric tons of U.S. soybeans to China for 2025/2026 delivery.

  • Weekly U.S. soybean export sales for the week ended November 20 were 2.3 million metric tons, compared to analysts' expectations for 800,000 to 3 million.

  • CBOT January soybeans SF26 were last up 1/2 cent at $10.77-1/4 a bushel.

(Reporting by Tom Polansek)

((Thomas.Polansek@thomsonreuters.com))

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