CHICAGO, Dec 13 (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 Friday.
WHEAT - Up 2 cents to 4 cents per bushel per bushel
* Broad strength in commodities markets support wheat futures. Short-covering also expected.
* Most-active soft red winter wheat contract hit its highest in 10 days during the overnight trading session.
* CBOT reported 77 deliveries against the December soft red winter wheat contract, the first of the period. There were no deliveries against the K.C. December hard red winter wheat contract. MGEX said there was one delivery against its December spring wheat contract. The contracts expire Dec. 13.
* CBOT March soft red winter wheat last traded up 2-3/4 cents at $5.33 per bushel. K.C. March hard red winter wheat was last 4 cents higher at $4.46-3/4 a bushel, and MGEX March spring wheat was last up 5-3/4 cents at $5.28-3/4 a bushel.
CORN - Up 4 cents to 7 cents per bushel
* Spillover strength in soybeans supports corn market. Follow-through buying after Thursday's rally, which stemmed from a big purchase of U.S. corn by Mexico, also expected.
* Benchmark CBOT March corn futures contract rose to its highest in nearly a month overnight but ended the session well below that peak after failing to hold support above the high end of its 20-day Bollinger range.
* There were 44 deliveries against CBOT's December corn contract, bringing the total for the period to 611.
* CBOT March corn last traded up 5-1/2 cents at $3.83-1/4 per bushel.
SOYBEANS - Up 12 cents to 15 cents per bushel
* Soybean futures rallying on hopes for U.S.-China trade deal.
* Washington has set its terms for a trade deal with China, offering to suspend some tariffs on Chinese goods and cut others in exchange for Beijing's buying more American farm goods, U.S. sources said.
* China will give a news briefing at 10:30 p.m. local time (1430 GMT/930 a.m. ET) on the state of trade discussions with the United States.
* Most-active soybean futures contract hit its highest on a continuous basis since Nov. 20 overnight.
* Benchmark CBOT January soybean futures contract found technical support overnight at its 30-day moving average. The contract briefly topped its 40-day and 200-day moving averages but failed to hold support above those levels. It did end the session above its 100-day moving average.
* CBOT reported 196 deliveries against the expiring December soymeal futures contract and 104 against December soyoil futures.
* CBOT January soybeans last traded up 13-1/2 cents at $9.11-3/4 per bushel. (Reporting by Mark Weinraub; editing by Jonathan Oatis)
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CBOT Trends - Soy up 12-15 cents, corn up 4-7 cents, wheat up 2-4 cents - Successful Farming
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