CHICAGO, March 4 (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 Tuesday.
WHEAT - Down 5 to 9 cents per bushel
* Wheat futures Wv1 fell to a one-month low as retaliatory Chinese tariffs on U.S. farm goods heightened concerns that President Donald Trump's trade policy will disrupt U.S. agricultural exports.
* U.S. President Donald Trump's new 25% tariffs on imports from Mexico and Canada took effect on Tuesday, along with a doubling of duties on Chinese goods to 20%.
* U.S. exporters sold 130,000 metric tons of white wheat to South Korea for 2024/25 delivery on Tuesday, the U.S. Department of Agriculture reported.
* CBOT May soft red winter wheat WK25 was last down 9-1/4 cents to $5.38-1/2 per bushel. K.C. May hard red winter wheat KWK25 was last down 9 cents to $5.53 a bushel and Minneapolis May spring wheat MWEK25 was 5-3/4 cents to $5.85-1/2 a bushel.
CORN - Down 4 to 7 cents per bushel
* Corn futures Cv1 slid to a two-month low as markets braced for fallout from U.S. tariffs against Canada and Mexico. Mexico is one of the largest buyers of U.S. corn.
* The U.S. Department of Agriculture reported export inspections of U.S. corn in the latest week at 1,351,373 metric tons, toward the high end of a range of trade expectations for 950,000 to 1,400,000 tons. USDA/I
* CBOT May corn CK25 was last down 7-3/4 cents to $4.48-1/2 per bushel.
SOYBEANS - Down 12 to 13 cents per bushel
* Soybean futures Sv1 also fell as worries over prolonged trade disputes and a bumper South American harvest weighed on prices.
* China, the world's largest soybean buyer, retaliated against fresh U.S. tariffs on Tuesday, announcing 10%-15% hikes to import levies covering a range of American agricultural and food products.
* U.S. exporters sold 20,000 metric tons of soybean oil to unknown destinations for 2024/25 delivery on Tuesday, the USDA reported.
* CBOT May soybeans SK25 were last down 13-1/4 cents to $9.9801/4 per bushel.
(Reporting by Heather Schlitz; Editing by Tasim Zahid)
((Heather.Schlitz@thomsonreuters.com;))
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