SYDNEY, Jan 4 Soybean prices fell for the fourth
consecutive session on Wednesday to hit their lowest in eight
days, dragged down by expectations of ample supply in South
* The most active soybean futures on the Chicago Board of
Trade dropped 0.1 percent to $9.94 a bushel, near the
session low of $9.93 a bushel, which was the weakest since Dec.
27. Soybeans closed down 0.9 percent on Tuesday.
* The most active corn futures rose 0.14 percent to
$3.55-1/4 a bushel, having gained 1 percent in the previous
session when prices hit their strongest since Dec. 16 at
$3.58-1/2 a bushel.
* The most active wheat futures rose 0.12 percent to
$4.07 a bushel, having closed down 0.37 percent on Tuesday.
* Soybeans are under pressure as analysts grow more
confident of crop prospects in South America and particularly
Brazil, projected as the world's No. 2 soybean producer after
the United States.
* Condition ratings for winter wheat declined in parts of
the U.S. Plains in December, especially Oklahoma, which endured
a cold and dry month, the U.S. Department of Agriculture said on
* The dollar pulled back slightly on Wednesday after
reaching a 14-year peak overnight as investors sold into the
rally to book profits, with the market looking to consolidate
before the highly anticipated U.S. jobs report due on Friday.
* Oil prices edged up on Wednesday, recovering some losses
from the previous day when the U.S.-dollar hit a 14-year peak
and weighed on crude markets.
* Wall Street rose sharply on Tuesday as a post-election
rally extended into the new year, helped by gains in Verizon
Communications and technology companies Alphabet and Facebook.
Euro Zone 0900 Markit Service Final PMI Dec
Euro Zone 1000 Inflation Flash Dec
U.S. 1200 Mortgage Market index weekly
U.S. 1355 Redbook weekly
U.S. 1445 ISM-New York index Dec
U.S. 1830 All car, truck sales Dec
Grains prices at 0118 GMT
Contract Last Change Pct chg Two-day chg MA 30 RSI
CBOT wheat 407.00 0.50 +0.12% -0.25% 409.37 55
CBOT corn 355.25 -0.50 -0.14% +0.92% 354.48 57
CBOT soy 994.00 -1.00 -0.10% -1.00% 1032.3 32
CBOT rice 9.58 -$0.03 -0.31% -0.36% $9.81 47
WTI crude 52.64 $0.31 +0.59% -2.01% $51.06 50
Euro/dlr $1.040 -$0.001 -0.06% -0.56%
USD/AUD 0.7225 0.000 +0.01% +0.61%
Most active contracts
Wheat, corn and soy US cents/bushel. Rice: USD per hundredweight
RSI 14, exponential
(Reporting by Colin Packham; Editing by Joseph Radford)