GRAINS-Wheat jumps more than 1 pct, hits near four-month high

SYDNEY, Jan 29 (Reuters) - U.S. wheat futures rose more than 1 percent to hit a near four-month high amid concerns that dry weather across a key North American production region will crimp output from the world's largest exporter.


* The most active wheat futures on the Chicago Board Of Trade rose 1.3 percent to $4.46-1/2 a bushel by 0212 GMT, near the session high of $4.47 a bushel - the highest since Oct. 4. Wheat closed up 1.5 percent on Friday.

* The most active soybean futures were up 1.1 percent to $9.96 a bushel, having closed down 0.7 percent on Friday.

* The most active corn futures were up 0.6 percent to $3.58-1/2 a bushel, having gained 0.4 percent in the previous session.

* Wheat has drawn support from dry weather plaguing Southern U.S. Plains.

* Soybeans firm as dry weather threatens production in Argentina.

* Private exporters struck deals to sell 125,000 tonnes of U.S. corn to unknown destinations, the USDA said on Friday.


* The dollar wobbled near three-year lows against a basket of major currencies on Monday, struggling to pull ahead from six straight weeks of losses amid its evaporating yield advantage and doubts about Washington's commitment to a strong currency.

* Oil prices held firm on Monday, supported by strong demand, a weak dollar and ongoing supply cuts lead by OPEC and Russia, although soaring U.S. output means many analysts expect crude prices to fall later in the year.


1330 U.S. Personal consumption Dec 1530 U.S. Dallas Fed manufacturing index Jan

Grains prices at 0212 GMT

Contract Last Change Pct chg Two-day chg MA 30 RSI CBOT wheat 446.50 5.50 +1.25% +2.76% 427.58 75 CBOT corn 358.50 2.00 +0.56% +0.91% 351.21 73 CBOT soy 996.00 10.50 +1.07% +0.38% 971.25 73 CBOT rice 12.33 -$0.01 -0.04% +1.57% $12.01 75 WTI crude 66.38 $0.24 +0.36% +1.33% $61.74 85


Euro/dlr $1.239 -$0.003 -0.24% -0.05% USD/AUD 0.8081 -0.003 -0.35% +0.66%

Most active contracts Wheat, corn and soy US cents/bushel. Rice: USD per hundredweight RSI 14, exponential

(Reporting by Colin Packham; editing by Richard Pullin)