Soy steadies as dollar eases, wheat falls back

PARIS/CANBERRA, Oct 4 (Reuters): Chicago soybean futures edged up on Wednesday as an easing in the dollar from a 11-month peak helped the oilseed market to steady after a slide linked to supply pressure.

Corn inched down, consolidating near a three-week high as traders awaited a clearer picture of the US harvest.

Wheat fell after rebounding in the previous two sessions from Friday's three-year low, with participants setting bargain-buying including from Chinese importers against ample global supplies.

Most-active Chicago Board of Trade (CBOT) soybean futures were up 0.6 per cent at $12.80-1/4 a bushel by 1103 GMT.

On Tuesday, the contract equalled an 18-month low set in late June.

The dollar index fell from a near 11-month high, providing some relief to commodities priced in the US currency.