* The most-active soybean contract on the Chicago Board of Trade (CBOT) fell 0.3% to $15.21 a bushel, as of 0112 GMT. Wheat lost 0.6% to $7.65 a bushel and corn gave up 0.2% to $6.75-1/4 a bushel.
* The Brazilian soybean harvest was 17% complete, agribusiness consultancy AgRural said on Monday, while Scoville noted that progress was more advanced in Mato Grosso, Brazil's biggest soybean state.
* A stronger dollar weighed on greenback-priced commodities.
* The dollar climbed to a six-week peak against a currency basket on Wednesday after the release of hotter-than-expected U.S. retail sales data, bolstering investors' expectations that the Federal Reserve would keep monetary policy tight for some time to fight stubbornly high inflation.
* Farm office FranceAgriMer on Wednesday lowered its outlook for French soft wheat exports this season because of competition from Black Sea supplies, but made a sharp upward revision to its barley export forecast after a wave of shipments to China.
* Uncertainty about risks to Black Sea grain supplies from the war in Ukraine curbed losses in wheat and corn markets.
* Ukraine appealed on Wednesday to the United Nations and
Turkey to press Russia to immediately stop hindering Ukrainian
grain shipments that supply millions of people and not to use
the food as a weapon.
* The U.S. soybean crush rose in January for the first time
in three months while soyoil stocks increased for a fourth
straight month, although both gains were smaller than expected,
according to National Oilseed Processors Association (NOPA) data
released on Wednesday.
* NOPA members, which account for around 95% of soybeans
processed in the United States, crushed 179.007 million bushels
of soybeans last month, up 0.8% from the 177.505 million bushels
processed in December but down 1.8% from the January 2022 crush
of 182.216 million bushels.
* Commodity funds were net sellers of CBOT wheat, corn,
soybean and soymeal futures contracts on Wednesday and net
buyers of soyoil futures, traders said. MARKET NEWS
* Wall Street's three major indexes closed higher on
Wednesday and the dollar rose along with U.S. Treasury yields
after U.S. retail sales data for January rose by the most in
nearly two years, suggesting a resilient economy while fuelling
concerns about further interest rate hikes. DATA/EVENTS (GMT)
1330 US Housing Starts Number Jan
1330 US Initial Jobless Clm Weekly
1330 US Philly Fed Business Indx Feb
1330 US PPI Machine Manuf'ing Jan
(Reporting by Naveen Thukral; Editing by Subhranshu Sahu)
