CHICAGO, Dec 26 (Reuters) - Following are U.S. trade expectations for the opening of grain and soy complex trading at the Chicago Board of Trade (CBOT) at 8:30 a.m. CST (1430 GMT) on Thursday.
NOTE: The U.S. Department of Agriculture's weekly export sales report is delayed until Friday due to this week's Christmas holiday.
WHEAT - Mixed, up 1 cent per bushel to down 1 cent
* Wheat futures seen narrowly mixed amid a lack of market-moving news. Firm global cash prices lend support while U.S. weather forecasts show little threat to dormant winter wheat.
* Morocco's government approved on Thursday a decree on the suspension of customs duty on soft wheat from Jan 2 to April 30 to ensure a regular supply and price stability on the domestic market.
* CBOT March soft red winter wheat settled on Tuesday at $5.41 per bushel. K.C. March hard red winter wheat ended Tuesday at $4.60-1/2 a bushel, and MGEX March spring wheat finished at $5.43 a bushel.
CORN - Steady to up 1 cent per bushel
* Corn futures seen steady to firm, following expected strength in soybeans amid a lack of news.
* China warned earlier this week that a destructive pest that has threatened the country's grain output is expected to hit more crops across wider areas in 2020, including the key corn-growing region in the northeast.
* CBOT March corn settled on Tuesday at $3.87-1/2 per bushel.
SOYBEANS - Steady to up 2 cents per bushel
* Soybean futures seen steady to higher, led by strength in Malaysian palm oil and optimism about U.S. soy sales to China following the announcement this month of an interim U.S.-China trade deal. China is in close touch with the United States on signing a Phase 1 trade deal, the country's commerce ministry said, adding that both sides are still going through necessary procedures before the signing.
* Advances in CBOT soy futures seen limited by generally favorable crop weather in South American soy areas.
* Malaysian palm oil futures surged to a near three-year high on Thursday, riding momentum from supply shortage worries as industry groups forecast a steeper-than-expected decline for December production.
* First notice day for deliveries against CBOT January soybean, soymeal and soyoil futures is Dec. 31.
* CBOT March soybeans settled on Tuesday at $9.44-3/4 per bushel. (Reporting by Julie Ingwersen)
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CBOT calls - Soy steady-up 2 cents, corn steady-up 1, wheat mixed - Successful Farming
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