News Snapshot:
SINGAPORE: Chicago soybean futures lost more ground on Tuesday as prices dropped to their lowest since late December, weighed down by ample supplies from a rapidly progressing US harvest. Wheat also fell, although firm demand limited losses. "There is pressure from the US harvest but we see the downside in soybean prices as limited," said one Singapore-based trader. "Strong wheat demand is keeping prices higher." The most-active soybean contract on the Chicago Board Of Trade (CBOT) fell 0.3% to $12.32 a bushel by 0257 GMT, after dropping to its lowest since Dec. 21 at $12.31 a bushel. Corn slid 0.5%...
