US corn and soyabean futures inched higher on Monday as grains markets tried to find a footing after 11-day lows linked to improving harvest weather and export setbacks including a dip in Chinese buying.
Chicago wheat eased as traders continued to wait for signs of ample US supplies taking export demand away from the Black Sea region.
Subdued grain markets were also awaiting weekly US data later in the day on crop conditions and export inspections to provide fresh signals about harvest progress and overseas demand.
The Chicago Board Of Trade's most-active corn contract was up 0.3 percent at $3.68-1/4 a bushel as of 1136 GMT, off a session low of $3.65-1/2 that was its weakest since Oct. 11.
CBOT soyabeans inched up a quarter of a cent to $8.57 a bushel, after also touching an 11-day low earlier in the day at $8.55-1/2.
Wheat fell 0.6 percent to $5.11-1/2 a bushel.
After torrential rain held up field work at the start of the month, drier conditions last week eased concern and put attention back on the arrival of what are expected to be bumper corn and soyabean crops.
On the demand side, the soyabean market was dented on Friday by the US Department of Agriculture's announcement that private exporters cancelled sales of 180,000 tonnes of US soyabeans to China, underscoring a falling off in Chinese demand amid a trade dispute between the world's biggest economies.
That came on top of the USDA's weekly US export sales figures for soyabeans and corn on Thursday that were both well below trade expectations. A rapid start to soyabean planting in Brazil was also raising the possibility that China may be able to keep US imports at a low level until the next Brazilian crop reaches the market.
In wheat trade, tepid short-term demand for US and western European wheat was still curbing prices, offsetting expectations of an upturn in exports later in the season when Russian supplies ebb.
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