CHICAGO, Dec 27 (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 4 to 6 cents per bushel
* Wheat higher on follow-through strength from Thursday's strong technical close, worries about Southern Hemisphere production prospects and expectations that commodity funds will buy wheat futures as they re-balance their portfolios for 2020.
* Strong weekly export sales lend support. The U.S. Department of Agriculture (USDA) reported export sales of U.S. wheat in the week to Dec. 19 at 714,900 tonnes, toward the high end of trade expectations for 200,000 to 900,000 tonnes.
* Expected adverse weather across Ukraine may significantly damage winter grain crops, especially those that were sown late, consultancy APK-Inform quoted Ukrainian agricultural scientists as saying.
* CBOT March soft red winter wheat last traded up 6-1/4 cents at $5.55-1/4 per bushel. K.C. March hard red winter wheat was last up 5-3/4 cents at $4.76-1/4 a bushel, and MGEX March spring wheat was last up 2-1/2 cents at $5.49-3/4 a bushel.
CORN - Steady to up 1 cent per bushel
* Corn futures seen steady to firm, following strength in wheat. Lackluster export sales data may limit rallies.
* The USDA reported export sales of U.S. corn in the week to Dec. 19 at 626,100 tonnes (old and new crop years combined), toward the low end of trade expectations for 500,000 to 1,200,000 tonnes.
* CBOT March corn last traded up 1-1/2 cents at $3.89-3/4 per bushel.
SOYBEANS - Steady to up 1 cent per bushel
* Soybean futures seen modestly higher on technical buying and short-covering, along with hopes for increased export demand under a planned U.S.-Chinese trade agreement.
* The CBOT March soybean contract reached $9.50 in early moves, its highest level since Nov. 8.
* The USDA reported export sales of U.S. soybeans in the week to Dec. 19 at 747,300 tonnes (old and new crop years combined), toward the low end of trade expectations for 700,000 to 1,500,000 tonnes.
* First notice day for deliveries against CBOT January soybean, soymeal and soyoil futures is Dec. 31.
* CBOT March soybeans last traded up 1-1/4 cents at $9.47-3/4 per bushel. (Reporting by Julie Ingwersen)
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CBOT Trends - Wheat up 4-6 cents, corn and soy steady-up 1 cent - Successful Farming
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