News Snapshot:
SINGAPORE, Dec 9 (Reuters) - Chicago soybean futures fell on Friday, but the contract hovered close to its highest since mid-September as strong demand — led by top importer China — limited the losses. While soybeans are likely to post a weekly gain, wheat is on track for a fifth consecutive weekly decline and corn is down for a second straight week. FUNDAMENTALS * The most-active soybean contract on the Chicago Board of Trade (CBOT) slid 0.1% to $14.85-1/2 a bushel, as of 0112 GMT, wheat added 0.3% to $7.48-3/4 a bushel, and corn lost quarter of a cent to...
