Wheat up 1-3 cents, corn steady-up 1, soybeans up 4-5

The following are U.S. expectations for the resumption of grain and soy complex trading at the Chicago Board of Trade at 8:30 a.m. CDT (1330 GMT) on Wednesday.

WHEAT - Up 1 to 3 cents per bushel

• CBOT wheat futures recovered on a wave of demand from global importers.

• Algeria’s state grains agency OAIC is believed to have purchased around 600,000 metric tons of milling wheat in an international tender on Tuesday, European traders said on Wednesday.

• Jordan's state grain buyer has issued an international tender to buy up to 120,000 metric tons of milling wheat, which can be sourced from optional origins, European traders said.

• CBOT December soft red winter wheat (WZ25) was last up 2-3/4 cents at $5.23-1/4 per bushel. K.C. December hard red winter wheat (KWZ25) last traded up 3 cents at $5.14-1/2 a bushel and Minneapolis December wheat (MWEZ25) traded 2-1/4 cents higher at $5.70 a bushel.

CORN - Steady to up 1 cent per bushel

• CBOT corn ZC1! futures traded near flat with seasonal supply pressure from the onset of the U.S. harvest, though doubts over yields have helped underpin the markets.

• The U.S. corn harvest was 11% complete by Sunday, according to the U.S. Department of Agriculture.

• The agency rated 66% of the corn crop in good-to-excellent condition, down 1 percentage point from last week and in line with the average estimate among 11 analysts surveyed in a Reuters poll.

• Dry weather in the U.S. Midwest crop belt next week is expected to aid the harvest pace, according to Commodity Weather Group.

• CBOT December corn (CZ25) was last up 3/4 cent at $4.27 per bushel.

SOYBEANS - Up 4 to 5 cents per bushel

• CBOT soybean ZS1! futures ticked up but were pressured by rising estimates of the amount of Argentine soy booked by Chinese buyers this week, keeping attention on stalled U.S.-China trade.

• Traders on Wednesday said that Chinese buyers have booked around 20 cargoes of Argentine soybeans, or roughly 1.3 million tons, since Argentina temporarily eliminated export taxes on soybeans, grains and byproducts earlier this week.

• Argentina is the world's top exporter of soybean oil and meal.

• CBOT November soybeans (SX25) were last up 4-3/4 cents at $10.16-3/4 per bushel.