News Snapshot:
SINGAPORE, Dec 2 (Reuters) - Chicago wheat futures extended losses on Friday, with the market set for a fourth weekly decline, pressured by ample Black Sea supplies that are giving stiff competition to U.S. exporters. Soybeans inched up after last session's deep losses, while corn fell. FUNDAMENTALS * The most-active wheat contract on the Chicago Board of Trade (CBOT) slid 0.9% to $7.75-3/4 a bushel, as of 0152 GMT, soybeans added 0.2% to $14.33-1/4 a bushel and corn gave up 0.1% to $6.59-3/4 a bushel. * For the week, wheat is down almost 3%, corn has dropped nearly 2% and...
