
CHICAGO, April 10 (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. CDT (1330 GMT) on Thursday.
NOTE: The U.S. Department of Agriculture's monthly supply and demand report will be released later on Thursday.
WHEAT - Up 1 to 2 cents per bushel
CBOT wheat futures extended gains as a slide in the dollar and delays to some U.S. and European Union tariffs eased concerns about U.S. crop exports.
In a dramatic U-turn on Wednesday, U.S. President Donald Trump announced a 90-day pause for most of his hefty reciprocal duties unveiled last week that had sparked a financial markets rout.
The U.S. Department of Agriculture reported export sales of U.S. wheat in the week ended April 3 at 107,300 metric tons, in line with analyst expectations.
CBOT May soft red winter wheat WK25 was last up 1-1/2 cents at $5.43-3/4 per bushel. K.C. May hard red winter wheat KWK25 was last up 3-1/4 cents at $5.71-1/4 a bushel and Minneapolis May spring wheat MWEK25 was last up 1 cent at $6.09-3/4 a bushel.
CORN - Up 1 to 2 cents per bushel
Corn futures ticked higher as a pause on European Union tariffs on U.S. exports removed an immediate threat to U.S. corn exports.
While Washington and Beijing continue to ramp up tariffs against each other, the EU responded to Trump's climbdown on other countries by announcing on Thursday a 90-day pause on counter-tariffs it had planned in stages from April 15.
A steep fall in the dollar index .DXY, as investors wrestled with the flurry of tariff news, also made U.S. grains cheaper for export. FRX/
The U.S. Department of Agriculture reported export sales of U.S. corn at 785,600 metric tons, in line with analyst expectations.
CBOT May corn CK25 was last up 1-1/2 cents at $4.75-1/2 per bushel.
SOYBEANS - Up 3 to 4 cents per bushel
Soybean futures edged higher as relief over a pause in the ongoing tariff war boosted prices.
Chicago soybeans had dropped to a four-month low at the start of the week as the U.S. and China, its main soybean export market, upped tit-for-tat tariffs.
However, a continuing tariff standoff between Washington and Beijing continues to hang over soy futures.
Brazil's national crop agency Conab on Thursday raised its forecast for 2024/25 soybean output in the world's largest producer and exporter to 167.87 million metric tones from 167.37 million tons.
The U.S. Department of Agriculture reported export sales of U.S. soybeans at 172,300 metric tons, below a range of analyst expectations.
CBOT May soybeans SK25 were last up 3-1/4 cents at $10.16 per bushel.