News Snapshot:
SINGAPORE, Oct 7 (Reuters) - Chicago soybeans lost more ground on Friday with the market on track for a third weekly decline, weighed down by slowing purchases by top importer China and expectations of record production in Brazil. Wheat prices ticked higher on concerns over output in Russia and Ukraine, although the market is poised for its first drop in three weeks. FUNDAMENTALS * The most-active soybean contract on the Chicago Board of Trade (CBOT) was down 0.2% at $13.56-3/4 a bushel, as of 0020 GMT, and the market has lost more than 6% in three weeks. * Wheat dropped...
