GRAINS-Wheat lingers near 8-month low, set to finish week down 4%



Colin Packham | Reuters

SYDNEY, June 19 (Reuters) – U.S. wheat futures dipped on Friday and hovered near an eight-month low hit in the previous session, as ample global supplies pushed the grain towards a weekly loss of nearly 4%.


* The most active wheat futures on the Chicago Board Of Trade fell almost 4% for the week, their third straight weekly loss.

* Wheat was down 0.1% at $4.83 a bushel after hitting an eight-month low of $4.81 a bushel on Thursday.

* The most active soybean futures rose 0.1% for the week, their fourth straight weekly gain.

* The most active corn futures fell 0.5% for the week, their biggest weekly loss since May 1.

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