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US soyabean futures fell on Tuesday, their fifth decline in the last six sessions, pressured by a lack of demand from China, the world's top soya buyer, and spillover weakness from crude oil and gold. Wheat turned lower, following nearby corn and soyabeans.
But volume was thin as traders awaited information from a three-day crop tour of Kansas, the top US winter wheat state, which started Tuesday. Dry conditions in western European wheat regions underpinned values. At the Chicago Board of Trade, soyabeans posted the biggest declines, with most-active July down 16 cents at $13.77 bushel as of 11:30 am CDT (1630 GMT). CBOT new-crop December corn rose 1-3/4 cents to $6.63 per bushel Tuesday as rainfall continued to delay US corn plantings, traders said.

Copyright Reuters, 2011

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