SINGAPORE, Oct 21 (Reuters) - Chicago wheat inched up

Monday, with bargain buying supporting prices, after the market

suffered in last session its biggest daily loss in more than

three months on expectations of improved weather in key growing

areas.

Soybeans ticked higher, recouping some of Friday's losses

while corn prices were largely unchanged.

FUNDAMENTALS

* The most-active wheat contract on the Chicago Board of

Trade (CBOT) rose 0.1% to $$5.73-1/2 a bushel, as of 0029

GMT, having lost on Friday 2.8%, the biggest one day drop since

mid-July.

* Soybeans added 0.4% to $9.73-1/2 a bushel, having

lost 2% on Friday and corn was unchanged at $4.04-3/4 a

bushel.

* The return of rain to parched wheat areas in southern

Russia and the central United States have eased worries about

dryness hampering plantings for the 2025 crop, though drought

was still seen as a risk.

* Persistent dry weather in southern regions of Australia

that suffered frost damage last month is depressing wheat yields

but the country could still produce an above-average harvest,

analysts said on Friday.

* A shift in Russian export policies fuelled concerns that

U.S. commercial grain companies will be left holding large

supplies of wheat, weighing on prices.

* Russian grain exporters will sell directly to sovereign

buyers, while non-Russian winners of international tenders will

receive Russian grain only if they have long-term off-take

agreements with Russian firms, the Grain Exporters Union said on

Friday.

* France's maize harvest fell further behind its usual pace

last week, data showed on Friday, as heavy rain continued to

hamper field work in the European Union's biggest grain

producer.

* Large speculators increased their net short position in

Chicago Board of Trade corn futures in the week to Oct. 15,

regulatory data released on Friday showed.

* The Commodity Futures Trading Commission's weekly

commitments of traders report also showed that noncommercial

traders, a category that includes hedge funds, trimmed their net

short position in CBOT wheat and increased their net short

position in soybeans.

MARKET NEWS

* Tech stocks powered Wall Street stocks to a higher close

and crude prices posted their biggest weekly drop in a month on

Friday, as investors looked past mixed earnings and focused on

solid Netflix results and Beijing's policy steps to boost

Chinese demand.

DATA/EVENTS (GMT)

0100 China Loan Prime Rate 1Y, 5Y Oct

0600 Germany Producer Prices MM, YY Sept

n/a UK House Price Rightmove MM, YY Oct