Markets Markets Newswire CBOT Trends-Wheat up 3-5 cents, corn up 2-4 cents, soybeans up 7-8 cents By Reuters Reuters Founded in 1851, Reuters is a news agency owned by Thomson Reuters. With 200 locations worldwide and 2,500 journalists, Reuters is one of the largest news agencies in the world. Reuters has remained true to the Trust Principles of independence, integrity, and freedom from bias, working relentlessly to bring news from the source and from every corner of the world. Successful Farming's Editorial Guidelines Published on December 5, 2022 Trending Videos Close this video player CHICAGO, Dec 5 (Reuters) - Following are U.S. tradeexpectations for the resumption of grain and soy complex tradingat the Chicago Board of Trade (CBOT) at 8:30 a.m. CST (1430 GMT)on Monday. WHEAT - Up 3 to 5 cents a bushel * Wheat steadying following most-active soft red winterwheat contract's decline to a 3-1/2-month low on Friday. * Some bargain buying expected but poor export demand forU.S. supplies continues to hang over wheat market. * CBOT March soft red winter wheat contract endedovernight trading up 3-1/2 cents at $7.64-1/2 a bushel. K.C.March hard red winter wheat gained 4-1/4 cents to $8.75and MGEX March spring wheat rose 2-3/4 cents to $9.24. CORN - Up 2 to 4 cents a bushel * Mild round of bargain buying expected in corn futuresfollowing four straight days of declines. Strength in corncapped by weak U.S. exports, traders said. * On a continuous basis, the most-active CBOT corn futurescontract hit its lowest since Aug. 22 overnight. * Benchmark CBOT March corn futures hit technicalresistance at the low end of their 20-day Bollinger rangeovernight. * CBOT March corn gained 2-1/2 cents to $6.48-3/4 abushel overnight. SOYBEANS - Up 7 to 8 cents a bushel * Soybeans firming on hopes that easing of COVID-19restrictions in China could lead to demand boost. * Private exporters reported the sale of 130,000 tonnes ofsoybeans to China for delivery in the 2022/23 marketing year,the U.S. Agriculture Department said. * CBOT January soybean futures found technical supportjust above Thursday's low of $14.25-1/4 overnight. * CBOT January soybeans last traded 8 cents higher at$14.46-1/2 a bushel.(Reporting by Mark Weinraub; Editing by Andrea Ricci) © Copyright Thomson Reuters 2022. Click For Restrictions - http://about.reuters.com/fulllegal.asp Was this page helpful? Thanks for your feedback! Tell us why! Other Submit