Grain Markets

* Wheat hits lowest since late Feb after firm start * USDA crop ratings expected to be bearish for corn, soybeans (Updates prices, adds comments, changes byline/dateline) By Mark Weinraub CHICAGO, June 16 (Reuters) – Chicago Board of Trade corn futures dropped 1.3 percent on Monday on expectations of a robust U.S. harvest this fall

June 16 (Reuters) – Basis bids for soft red winter wheat shipped by barge to the U.S. Gulf Coast were lower early on Monday as hot and dry weather conditions were expected to speed maturity of the crop in southern portions of the Midwest, traders said.

* Old-crop U.S. soybeans take two days of gain to 1 pct

* Short-covering, technical buying lift soybeans * Corn up on bargain buying; good weather limits gains * Wheat rally fades on harvest pressure (New throughout, updates prices and market activity to close, adds weekly trends, fund buying and selling totals) By Karl Plume CHICAGO, June 13 (Reuters) – U.S. soybean futures rose on Friday in

* Chicago wheat down 18 pct in 5 weeks

SYDNEY, June 13 (Reuters) – U.S. soybean futures edged higher on Friday after hitting a two-month low in the previous session, but the oilseed was poised to report its biggest weekly slide in three months as forecasts for plentiful global supplies weighed on prices. FUNDAMENTALS * Chicago Board Of Trade front-month soybeans down 2.7 percent

* Funds seen exiting long soy/short corn spread positions * Corn firm in light rebound from four-month low * Favorable U.S. crop weather hangs over market * Wheat sags on ample world supplies, approaching harvest (Updates with closing prices, adds quote) By Julie Ingwersen CHICAGO, June 12 (Reuters) – U.S. soybean futures fell to a

June 12 (Reuters) – Corn spot basis bids were steady to firmer on Thursday at river terminals around the U.S. Midwest, but held mostly steady at processors and elevators in quiet trade, dealers said. * Farmer sales of corn have been slow in recent days in the wake of weaker U.S. corn futures. * Old

* Corn trades near lowest since mid-February, soy up

SYDNEY, June 12 (Reuters) – U.S. wheat traded in a tight range in early business on Thursday, just above a 3-1/2 month low touched in the previous session, after the U.S. Department of Agriculture pegged U.S. and global ending stocks above market expectations. FUNDAMENTALS * Chicago Board Of Trade front-month wheat was unchanged at $5.89-1/4