GRAINS-Soybeans fall on expectations of record Brazilian crop, wheat eases


Source: agriculture.com agriculture.com

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SINGAPORE, Jan 17 (Reuters) - Chicago soybean futures lost ground on Tuesday, with prices dropping for the first time in four sessions, as expectations of an all-time high Brazilian crop weighed on prices. Wheat fell, while corn slid from a two-week high. FUNDAMENTALS * The most-active soybean contract on the Chicago Board of Trade (CBOT) lost 0.6% to $15.18 a bushel, as of 0149 GMT. Wheat fell 0.7% to $7.38-3/4 a bushel and corn gave up 0.7% to $6.70-1/2 a bushel. * Brazilian soybean growers will harvest a record soy crop just below 153 million tonnes in the 2022/2023 cycle...