SYDNEY, March 1 (Reuters) - U.S. wheat futures edged lower for the first time in six sessions on Thursday, but continued to hover near a seven-month high hit a day ago on concerns that adverse weather condition across a key producing region in the U.S. could affect yields.
* The most active wheat futures on the Chicago Board Of Trade were down 0.2 percent to $4.94-1/4 a bushel by 0153 GMT, having closed up 3.8 percent on Wednesday when prices hit a high of $4.991/2 a bushel - the highest since July 21, 2017.
* The most active soybean futures were down 0.1 percent to $10.54-1/4 a bushel, having closed up 0.6 percent on Wednesday.
* The most active corn futures were down 0.2 percent to $3.81-1/3 a bushel, having more than 3 percent in the previous session. Wheat supported as dry weather threatens production across a key U.S. producing region.
* A lack of rain in Argentina continues to threaten the soybean harvest in the third-largest producer after Brazil and the United States. Argentina is the world's largest soymeal exporter.
* Private exporters sold 250,000 tonnes of soybeans for delivery to unknown destinations during the 2017-18 marketing year, according to the U.S. Agriculture Department.
* The dollar rose to a five-week high on Wednesday, bolstered by an upbeat assessment of the U.S. economy from the Federal Reserve's new chairman, which raised expectations the central bank could aggressively increase interest rates over the next two years.
* Oil prices extended declines on Thursday after official data showed a larger-than-expected increase in U.S. crude inventories and a surprise build in gasoline stocks.
* U.S. stocks sold off late to end sharply lower on Wednesday, dragged down by continued worries over rising interest rates, and the Dow and S&P 500 capped their worst months since January 2016.
DATA/EVENT AHEAD (GMT)
0145 China Caixin manufacturing PMI final Feb 0850 France Markit manufacturing PMI Feb 0855 Germany Markit/BME manufacturing PMI Feb 0900 Euro zone Markit manufacturing PMI final Feb 1000 Euro zone Unemployment rate Jan 1330 U.S. Personal income Jan 1330 U.S. Weekly jobless claims 1500 U.S. Construction spending Jan 1500 U.S. ISM manufacturing PMI Feb
1500 Federal Reserve Chairman Jerome Powell delivers semi-annual monetary policy testimony before the U.S. Senate Banking Committee
Grains prices at 0153 GMT
Contract Last Change Pct chg Two-day chg MA 30 RSI CBOT wheat 494.25 -0.75 -0.15% +3.62% 463.18 79 CBOT corn 381.25 -0.75 -0.20% +2.90% 363.03 72 CBOT soy 1054.25 -1.25 -0.12% +0.45% 1015.17 72 CBOT rice 12.55 $0.00 +0.04% +3.17% $12.44 68 WTI crude 61.71 $0.07 +0.11% -2.06% $63.02 46
Euro/dlr $1.219 $0.000 -0.04% -0.35% USD/AUD 0.7730 -0.003 -0.40% -0.76%
Most active contracts Wheat, corn and soy US cents/bushel. Rice: USD per hundredweight RSI 14, exponential
(Reporting by Colin Packham; Editing by Vyas Mohan)