CHICAGO, Feb 17 (Reuters) - Following are U.S. trade expectations for the opening of grain and soy complex trading at the Chicago Board of Trade (CBOT) 8:30 a.m. CST (1430 GMT) on Wednesday.
WHEAT - Down 5 to 10 cents per bushel
* Wheat futures retreating from 2-1/2-week highs as traders await crop damage assessments from a cold weather snap in U.S. Plains.
* Most-active CBOT March soft red winter wheat dropped below its 10-day and 20-day moving averages during overnight trading.
* CBOT March soft red winter wheat last traded down 9-1/4 cents at $6.48-1/4 per bushel. K.C. March hard red winter wheat was last 7-1/4 cents lower at $6.30-1/4 per bushel. MGEX March spring wheat dropped 5-3/4 cents to $6.25-1/2 per bushel.
CORN - Down 2 to 4 cents per bushel
* Profit-taking setback expected in corn after most-active contract rallied 2.5% on Tuesday.
* Benchmark CBOT March contract found support at its 10-day moving average overnight.
* CBOT March corn was off 2-1/2 cents at $5.49-3/4 per bushel.
SOYBEANS - Down 4 to 6 cents per bushel
* Soybeans easing after rising for five of the previous six sessions, with traders monitoring harvest reports in South America.
* Traders watching to see if benchmark CBOT March soybean futures can hold support above 10-day moving average after testing that key technical point on Tuesday.
* CBOT March soybeans were last 4-1/2 cents lower at $13.80-1/4 per bushel. (Reporting by Mark Weinraub; editing by Barbara Lewis)
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CBOT Trends - Wheat down 5-10 cents, corn down 2-4 cents, soy down 4-6 cents - Successful Farming
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