CBOT Trends-Wheat steady-down 1 cent, corn up 1-2, soy up 3-5
Nov 22 (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 Friday:
WHEAT - Steady to down 1 cent per bushel
* Wheat futures eased slightly as the contract was pressured by a better than expected crop outlook in Western Australia, a major exporter of the cereal.
* Russia launched a hypersonic missile at Dnipro, Ukraine, on Thursday, raising concerns over potential disruptions to exports from the breadbasket region.
* CBOT December soft red winter wheat WZ24 was last down 1/2 cent to $5.48-1/4 per bushel. K.C. December hard red winter wheat KWZ24 was up 1-1/4 cents at $5.56-3/4 a bushel and Minneapolis December spring wheat MWEZ24 was last up 2-1/2 cents at $5.90-1/2 a bushel.
CORN - Up 1 to 2 cents per bushel
* Corn futures rose on technical trading, though expectations of a large South American crop kept a lid on prices.
* French farmers had harvested 82% of this year's grain maize crop by Nov. 18, up from 71% a week earlier but lower than 97% a year before, farm office FranceAgriMer said on Friday.
* Forecasts for improving weather in corn-growing areas of Brazil and Argentina also pressured prices.
* CBOT December corn CZ24 last up 2 cents at $4.28-3/4 per bushel.
SOYBEANS - Up 3 to 5 cents per bushel
* Soybean futures rose amid stronger-than-expected export demand while rain is expected to relieve stress over swathes of the South American soy crop.
* Argentina's 2024/25 soybean planting progressed by 16 percentage points in the past week, reaching 35.8% of the 18.6 million hectares projected for the season, according to the Buenos Aires Grain Exchange.
* Exporters sold 198,000 metric tons of soybeans to unknown destinations for 2024/25 delivery, the U.S. Department of Agriculture reported on Friday.
* January soybeans SF25 were last up 5-1/4 cents at $9.83 per bushel.
Reporting by Heather Schlitz
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