GRAINS-Soybeans at one-month high on slow Brazil harvest; wheat eases

* CBOT soy above $14; slow Brazil harvest adds to supply concerns * Rallying oil vegoils, crude also support oilseed markets * Corn at 2-week top as soy harvest delays corn planting * Wheat retreats as U.S., Black Sea cold weather risks assessed (Updates with European trading, changes byline/dateline) By Gus Trompiz and Naveen Thukral PARIS/SINGAPORE, Feb 23 (Reuters) - Chicago soybean futures climbed to a one-month high on Tuesday as slow harvest progress in Brazil underscored concern about declining U.S. supplies. Broad gains in edible oils and crude oil also supported prices of oilseeds like soybeans. Corn rose to a two-week high as soybean harvest delays risked holding up planting of the country's main corn crop. Wheat fell, however, after a day-earlier rally as traders awaited further indications on the impact of cold weather on U.S. crops. The most-active Chicago Board Of Trade (CBOT) soybean contract was up 1.2% at $14.04-1/2 a bushel by 1217 GMT. It earlier reached its highest since Jan. 19 at $14.15 as it approached a 6-1/2 year peak touched last month. Consultancy AgRural said on Monday that farmers in Brazil had harvested just 15% of their soybeans as of last Thursday, the slowest pace in 10 years. After drought delayed planting, rain has hampered early soybean harvesting in Brazil and more showers forecast for the week ahead could keep field work slow. "Chicago is up on the back of the slow harvest progress so far in Brazil," a European trader said of soybeans. The slow arrival of Brazil's new soybean crop and a potential setback to planting of its next corn crop have made grain markets nervous as strong Chinese demand erodes U.S. stockpiles. However, showers on Argentina's Pampas grains belt in recent weeks have helped previously parched soybean and corn crops, weather experts said on Monday. CBOT corn was up 0.5% at $5.53 a bushel, near an earlier two-week high. CBOT wheat lost 0.9% to $6.64 a bushel. It had rallied 2% on Monday but held just shy of Friday's three-week high. Traders were assessing mixed crop ratings for U.S. winter wheat in February as reported by the U.S. Department of Agriculture (USDA) on Monday. "There wasn't a huge drop in the crop ratings and Kansas was pretty stable," Nathan Cordier of consultancy Agritel said. However, the market was monitoring potential damage in Texas, where wheat development is faster than elsewhere and crops faced severe winter weather last week, as well as a latest cold spell in major exporter Russia, he added. Prices at 1217 GMT Last Change Pct End Ytd Pct Move 2020 Move CBOT wheat 664.00 -5.75 -0.86 640.50 3.67 CBOT corn 553.00 2.50 0.45 484.00 14.26 CBOT soy 1404.50 17.00 1.23 1311.00 7.13 Paris wheat Mar 238.50 -1.00 -0.42 213.25 11.84 Paris maize Mar 229.50 0.25 0.11 198.50 15.62 Paris rape May 469.00 8.00 1.74 412.00 13.83 WTI crude oil 62.11 0.41 0.66 48.52 28.01 Euro/dlr 1.22 0.00 0.01 1.2100 0.45 Most active contracts - Wheat, corn and soy US cents/bushel, Paris futures in euros per tonne (Reporting by Gus Trompis in Paris and Naveen Thukral in Singapore; Editing by Vinay Dwivedi and Emelia Sithole-Matarise)

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