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CHICAGO, Feb. 22 (Xinhua) -- Chicago Board of Trade (CBOT) grains futures close mixed on Wednesday, with soybean futures falling to a three-week low on Wednesday, on track for a fourth straight decline on strong South American harvest prospects and a lack of supportive news.


Corn and wheat futures were modestly higher as traders awaited direction from a U.S. Department of Agriculture forum this week in which the government will offer forecasts on what U.S. farmers will plant this spring.


The most active corn contract for March delivery rose 1.75 cent, or 0.47 percent, to 3.71 dollars per bushel. May wheat delivery added 4.56 cents, or 1.39 percent, to 4.56 dollars per bushel. March soybeans fell 3.75 cents, or 0.36 percent, to 10.335 dollars per bushel.


In the outside markets, the Brent crude oil market is 0.72 dollar per barrel lower, the U.S. dollar is lower, and the Dow Jones Industrials are 12 points higher.


Jack Scoville, The PRICE Futures Group's senior market analyst, says that the market has turned a little lower due to little news.


Scoville adds, "Most attention is on the USDA Agriculture Outlook conference and what they will show for planting and stuff like that, over the next couple of days. Most investors do not seem too eager to do much before the USDA' s supplydemand tables come out, although that is a mystery to me since they are just model-based numbers."


Soybeans firmed in early moves but turned lower as traders mulled huge new soybean crops expected in South America. The harvest in Brazil was about 25 percent complete as of Friday, while Argentina's crop is still developing.


Also, U.S. farmers are expected to plant a record number of acres to soybeans this spring, the USDA has said. The government is expected to release an updated forecast at its Outlook Forum this week.


Expectations of a year-on-year decline in U.S. Corn plantings helped to underpin corn futures.


Wheat rose on bargain-buying after a three-session decline, drawing additional support from a pickup in global export business.


Egypt's General Authority for Supply Commodities (GASC) bought 300,000 tonnes of Russian wheat and 60,000 tonnes of Ukrainian wheat at an international tender. The deal followed a Feb. 17 GASC purchase of another 360,000 tonnes of wheat. Enditem




MOSUL, Iraq, Jan. 22 (Xinhua) -- Iraqi security forces recaptured on Sunday the last areas in the central part of the eastern side of Mosul, while the troops continued fighting the Islamic State (IS) group to drive them out from their last stronghold on the northern outskirts of the city, the Iraqi military said.


The Iraqi forces retook control of the small neighborhood of Malayeen and al-Binaa al-Jahiz area in central Mosul and raised the Iraqi flag on some of their buildings, Lieutenant General Abdul-Amir Yarallah from the Joint Operations Command (JOC) said in a statement.


"These are the last areas of the center part of Mosul's left bank to be freed," said Yarallah, referring to the eastern side of Mosul, which is locally known as the left bank of the Tigris River which bisects the city.


The troops also took control of a main road linking Iraq's northern city of Mosul to Dohuk Province, which is part of the semi-autonomous region of Kurdistan, he added.


The latest progress makes the Iraqi forces completely in control of the eastern bank of Mosul, with only the northern outskirts of Rashidiyah left under control of IS militants.


Experts say once the troops recapture the whole eastern side of Mosul, they will begin a new phase of the anti-IS major offensive on the western part of the city.


Meanwhile, the JOC said in a separate statement that Colonel Sabhan Hassan al-Jubouri, commander of the army's 71st Brigade, was killed during the battles on the northern outskirts of Mosul.


On Oct. 17, 2015, Prime Minister Haider al-Abadi announced the start of a major offensive to retake Mosul, the country's second largest city.


The second phase of the offensive, to free the eastern bank of Mosul, began on Dec. 29.


Battles in Mosul slowed down in December as extremist militants started using civilians as human shields, resorted to suicide car bombings and made mortar and sniper attacks.


Mosul, 400 km north of the Iraqi capital of Baghdad, has been under IS control since June 2014, when Iraqi government forces abandoned their weapons and fled, enabling IS militants to take control of parts of Iraq's northern and western regions.

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