*Wheat posts biggest decline in two weeks. *Corn falls on forecasts for improved U.S. planting weather. Wheat led the way, giving up nearly 2 percent on expectations for a turn to better crop weather in the U.S.» Read More
*Corn hits fresh three-year low in fourth day of declines. Corn and wheat futures weakened slightly, with corn hitting a fresh three-year low on pressure from the ongoing harvest of what is expected to be a record U.S. corn crop. Corn has fallen for four trading days in a row and wheat dropped to a 5-1/ 2 week low.
*Soybeans higher on export expectations. CHICAGO, Oct 30- U.S. corn futures sagged for the third time in four days on Wednesday, weighed down by the ongoing harvest of what is expected to be a record crop in the United States, traders said. "These yield numbers continue to run good," said Jason Britt, president of Central States Commodities.
*China to retain ban on overseas exchange's warehouses in free-trade zone. SHANGHAI, Oct 25- Conditions are ripe for the launch of commodities options, China's securities regulator said on Friday, a sign that it will soon approve some of the options contracts proposed by local futures exchanges.
Greg Smith, Group CEO, Global Commodities Ltd says that speculators are still short commodities and that investors are not picking up on the protein theme yet.
A Chinese trade delegation signed agreements with U.S. grain companies on Wednesday to buy 8.62 million metric tons of soybeans from the United States and will ink more deals on Thursday for a record-setting purchase topping 12 million metric tons.