GRAINS-Soybeans jump from 1-month low ahead of USDA monthly report

* Soybeans rise on technical buying, short-covering * Profit-taking drags down wheat ahead of USDA reports * USDA to release production, supply/demand data on Friday (Rewrites throughout, adds quotes, updates prices, changes byline, changes dateline from LONDON) By Karl Plume CHICAGO, May 8 (Reuters) – U.S. soybean futures rebounded from three days of losses on



FOB Gulf Grain-Corn premiums steady-firm on good demand

May 7 (Reuters) – U.S. FOB Gulf corn basis offers were steady to higher for nearby shipments on Wednesday, supported by persistent demand from regular export customers and from domestic grain users, traders said. * May FOB basis offers widened their inverse to a roughly 15-cent-per-bushel premium to June and July shipments. Few exporters still




GRAINS-Wheat slips from highs but hot weather supports

SYDNEY, May 7 (Reuters) – U.S. wheat futures dipped from a 13-month high on Wednesday, but losses were capped by concerns that U.S. output will be curbed by hot weather across the southern Plains and heightened tensions in Ukraine. FUNDAMENTALS * Chicago Board Of Trade July wheat, the most actively traded contract, fell 0.5 percent



GRAINS-Wheat advances as US Plains sizzles; corn turns higher

* KC wheat leads as heat in Plains scorches developing crop * Ukraine turmoil, weak U.S. dollar lend support * Corn follows wheat up; slow U.S. planting pace lends support * Soybeans down on ample Latin American oilseed supplies (New throughout; updates prices, adds quotes; changes byline, dateline, previous PARIS/SINGAPORE) By Julie Ingwersen CHICAGO, May