SINGAPORE, Dec 28 (Reuters) - Chicago wheat futures edged higher on Thursday, recouping some of the previous session's losses, although gains were limited by a lack of demand in international markets at the year's end.
Corn eased, while soybeans ticked higher.
FUNDAMENTALS
* The most-active wheat contract on the Chicago Board of Trade (CBOT) added 0.4% to $6.25-1/4 a bushel, as of 0109 GMT. Corn fell 0.1% to $4.76-1/4 a bushel and soybeans added 0.1% to $13.21-1/2 a bushel.
* Wheat prices fell more than 2% on Wednesday amid weak demand in the physical market.
* For soybeans and corn, weather charts showed uneven showers in the week ahead in dry parts of central and northern Brazil, before widespread heavy rain expected in early January.
* Precipitation in the coming weeks will also influence corn crop yields in the upcoming first-crop harvest and impact planting prospects for the larger second crop in Brazil.
* Commodity funds were net sellers of CBOT corn, wheat and soymeal futures contracts on Wednesday, and net buyers of soybeans and soyoil futures contracts, traders said.
MARKET NEWS
* World stocks rallied to their highest level in more than a year on Wednesday, while the U.S. dollar hit a five-month low, as expectations mounted that key central banks such as the Federal Reserve will start to cut interest rates early next year.
DATA/EVENTS (GMT) 1100 France Unemp Class-A SA Nov 1330 US Initial Jobless Clm Weekly (Reporting by Naveen Thukral; Editing by Subhranshu Sahu)
