CBOT soybeans ease, grains rise, on choppy day of trading
Live Mint* Recent rains ease some concerns about dryness in Argentina crop * Funds seek short-covering in wheat market * Weakness in Brazilian real weigh on corn, soy futures By P.J. Huffstutter CHICAGO, Dec 23 - Chicago Board of Trade soybean futures turned lower on a choppy, lower-volume session on Monday, as weakness in the energy market and mild weather forecasts for Brazil's oilseed crop weighed on prices, market analysts said. Wheat futures firmed on a technical rebound from last week's losses, and after Sovecon agriculture consultancy said next year's Russian wheat exports would fall sharply due to a poor harvest and low carry-over stocks. While trade volumes were fairly light throughout the day, weakness in the energy markets cast some spillover pressure on corn and soy futures early in the day, said Karl Setzer, partner at Consus Ag Consulting.