WIDER IMAGE-Railway to nowhere shows Brazil's infrastructure woes

* Photo essay at http://reut.rs/2gAeenC

By Leonardo Goy

SALGUEIRO, Brazil, Dec 15 (Reuters) - The rusting tracks of Brazil's Transnordestina railway peter out and give way to a dirt trail in a remote corner of the country's arid northeast, far from the ports or farms it was meant to serve.

No trains run on these tracks and the cleared path for one of Brazil's most ambitious infrastructure projects is used only by local cars, and the odd stray cow.

Indian soyoil futures rise, tracking overseas markets

Dec 15 (Reuters) - Indian soyoil futures rose for a second consecutive session on Thursday, tracking Malaysian palm oil and other overseas markets.

Malaysian palm oil futures rose to their highest in 4-1/2-years, charting a third straight session of gains, on a weaker ringgit and tight supplies.

In related vegetable oils, the January soybean oil contract on the CBOT was 0.3 percent higher, while the May soybean oil contract on the Dalian Commodity Exchange rose as much as 0.5 percent.

GRAINS-Soybeans at 3-week low on Argentina rain forecast, wheat falls

* Soybeans fall for 4th day on outlook for Argentina rains * Corn, wheat also down as stronger dollar adds pressure (Updates prices, adds detail) By Naveen Thukral and Sybille de La Hamaide SINGAPORE/PARIS, Dec 15 (Reuters) - Chicago soybeans slid for a fourth straight session on Thursday, hitting a three-week low, as forecasts of rains in Argentina's crop-belt eased the prospects of production losses. Wheat lost ground as a stronger U.S. dollar weighed on agricultural markets while corn slid, snapping four sessions of gains.

Bunge bulks up in Turkey, buying olive oil and seed firm Ana Gida

PARIS, Dec 15 (Reuters) - U.S. agricultural products trader Bunge moved to increase its presence in Turkey with the acquisition of olive oil and seed oil producer Ana Gida Ihtiyac Maddeleri ve Sanayi Ticaret.

Ana Gida is the owner of Komili, the market leading olive oil brand in Turkey with retail market share of more than 30 percent, Bunge said in a statement on Thursday.

Bunge said it will buy a 55.25 percent stake of Ana Gida from Anadolu Endustri Holding and the remaining 44.75 percent from SEEF Foods.

UK wheat crop estimate trimmed to 14.38 million tonnes

LONDON, Dec 15 (Reuters) - Britain's farm ministry trimmed its estimate for this year's UK wheat crop to 14.38 million tonnes from a previously expected 14.47 million, it said on Thursday.

Wheat production was down 12.5 percent from the prior season's 16.44 million, largely driven by a 12.1 percent decline in yields to 7.9 tonnes per hectare.

The ministry noted wheat yields were in line with the longer term average although below the 25-year high of 9.0 tonnes achieved in 2015.

UPDATE 1-S.Korea raises bird flu alert to highest level for first time

(Adds details, background) By Jane Chung SEOUL, Dec 15 (Reuters) - South Korea's agriculture ministry raised the country's bird flu alert status to the highest level for the first time on Thursday as the disease has spread quickly nationwide. The heightened alarm status comes as the country grapples with an outbreak of the highly pathogenic H5N6 bird flu that started a month ago. Since then, South Korea, Asia's fourth-largest economy, has culled over 12 percent of its poultry population to contain the spread of the virus.

S.Korea raises bird flu alert to highest level for first time

SEOUL, Dec 15 (Reuters) - South Korea's agriculture ministry raised the country's bird flu alert status to the highest level for the first time on Thursday as the disease has spread quickly nationwide.

The Ministry of Agriculture, Food and Rural Affairs said in a statement that it will come up with detailed measures after consulting with related ministries.

Since the first bird flu case was reported about a month ago, the country, Asia's fourth-largest economy, has culled over 12 percent of its total poultry population to contain the spread of the deadly virus.

Hungary's Oct farm PPI -5.2 pct y/y -stats

BUDAPEST, Dec 15 (Reuters) - Hungarian agricultural producer prices fell by an annual 5.2 percent in October, sinking deeper into negative territory after a -3.8 percent annual reading in September, the Central Statistics Office (KSH) said on Thursday.

Vegetable, fruit and cereals prices declined by 9.7 percent from the previous year, while livestock and related product prices were 2.6 percent higher in October.

In the January-October period, agricultural producer prices were down 2.3 percent from the same period a year earlier. (Reporting by Sandor Peto)

GRAINS-Soybeans drop to 3-week low on Argentina rain forecast, corn falls

* Soybeans fall for 4th day on outlook for Argentina rains * Corn, wheat also down as stronger dollar adds pressure (Adds details, quotes) By Naveen Thukral SINGAPORE, Dec 15 (Reuters) - Chicago soybeans slid for a fourth straight session on Thursday, hitting a three-week low, as forecasts of rains in Argentina's crop-belt eased the prospects of production losses. Corn slid, snapping four sessions of gains, while wheat lost ground as a stronger U.S. dollar weighed on agricultural markets. The Chicago Board Of Trade most-active soybean contract

GRAINS-Soybeans fall to 3-week low as rains set for Argentina

SYDNEY, Dec 15 (Reuters) - U.S. soybeans fell 0.5 percent on Thursday to a three-week low as crop-friendly weather in Argentina eased the prospect of production losses and tighter supply. FUNDAMENTALS * The most active soybean futures on the Chicago Board Of Trade dropped 0.5 percent to $10.18-3/4 a bushel, near the session low of $10.18-1/2 a bushel - the lowest since November 23. Soybeans closed down 0.4 percent on Wednesday. * The most active corn futures fell 0.41 percent to $3.60-1/2 a bushel, having gained 0.28 percent in the previous session.

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