Grains-U.S. soybeans tick up after deep losses, S.American competition caps gains

Chicago soybean futures edged higher on Wednesday, with bargain buying supporting prices after five consecutive sessions of falls to a two-month low, although stiff competition from South America limited gains. Corn and wheat futures gained ground in early Asian trade.

The most-active soybean contract on the Chicago Board Of Trade (CBOT) climbed…