Corn up 2-4 cents, soy up 1-3 cents, wheat steady-up 2 cents

CHICAGO: Following are US trade expectations for the opening of grain and soy complex trading at the Chicago Board of Trade at 8:30 a.m. CDT (1330 GMT) on Monday.

WHEAT - Steady to up 2 cents per bushel

* Wheat futures rising on concerns about the size of global crop. Strength in corn also supportive to wheat. Pressure from ongoing US harvest to limit buying opportunities.

* Russian agriculture consultancy SovEcon cut its estimate of 2019/20 Russian wheat production to 76.6 million tonnes from 82.2 million tonnes.

* CBOT September soft red winter wheat contract last traded up 1 cent at $5.16 a bushel. K.C. hard red winter wheat for September delivery was up 2 cents at $4.47-1/4 a bushel and MGEX September spring wheat was down 1/4 cent at $5.33 a bushel

CORN - Up 2 cents to 4 cents per bushel

* Forecasts for hot and dry weather that could stress developing crop in US Midwest support the corn market. Strength in the cash market also bullish.

* Resistance for benchmark CBOT December corn futures noted at 20-day moving average during overnight trading.

* CBOT December corn futures last traded up 3-1/2 cents at $4.45-3/4.

SOYBEANS - Up 1 cent to 3 cents per bushel

* Technical buying expected in soybeans. Concerns about export demand for soybeans due to trade war with China to limit gains in soy futures.

* Support for benchmark CBOT November soybean contract seen at 40-day moving average overnight. The contract also found support at that key technical point on Friday.

* CBOT November soybean futures last traded up 2-1/4 cents at $8.96-3/4.