SYDNEY, Dec 22 U.S. soybeans edged lower on
Thursday, lingering near a one-month low touched earlier in the
week, as expectations of bumper global supplies amid brighter
crop prospects in South America weighed on prices.
* The most active soybean futures on the Chicago Board Of
Trade fell 0.1 percent to $10.06 a bushel, having firmed
0.15 percent on Wednesday.
* The most active corn futures was unchanged at
$3.47-1/4 a bushel, having closed down 0.86 percent in the
* The most active wheat futures eased 0.31 percent to
$3.98-1/4 a bushel, having dropped 0.93 percent on Wednesday.
* Soybeans were under pressure as rain was forecast for
Argentina's dry crop belts, boosting South American production
* The U.S. Department of Agriculture said exporters had
struck deals to sell 132,000 tonnes of U.S. soybeans to China,
the world's top soybean importer.
* Egypt, the world's biggest wheat importer, bought 360,000
tonnes of wheat from Russia, Argentina and Romania in a tender,
and none from the United States.
* The dollar slipped from its 14-year-high against a basket
of currencies on Thursday as investors took profits ahead of
holidays and a big batch of U.S. economic data due later in the
* Oil prices nudged higher in tepid Asian trading on
Thursday, supported by a weaker dollar and optimism that crude
producers would abide by an agreement to curb output to prop up
* U.S. stocks fell on Wednesday, with healthcare and real
estate shares losing ground a day after the Nasdaq Composite and
the Dow Jones Industrial Average hit record highs.
DATA AHEAD (GMT)
0900 Euro Zone Markit Mfg Final PMI Nov
1000 Euro Zone Unemployment
Grains prices at 0214 GMT
Contract Last Change Pct chg Two-day chg MA 30 RSI
CBOT wheat 398.25 -1.25 -0.31% -1.67% 414.83 48
CBOT corn 347.25 0.00 +0.00% -1.70% 354.69 43
CBOT soy 1006.00 -0.75 -0.07% -1.52% 1020.7 37
CBOT rice 9.45 $0.08 +0.85% -0.32% $9.66 39
WTI crude 52.68 $0.19 +0.36% +1.07% $48.82 66
Euro/dlr $1.044 $0.005 +0.50% +0.34%
USD/AUD 0.7242 -0.002 -0.23% -0.04%
Most active contracts
Wheat, corn and soy US cents/bushel. Rice: USD per hundredweight
RSI 14, exponential
(Reporting by Colin Packham; Editing by Kenneth Maxwell)