CHICAGO, Dec. 6 (Xinhua) -- Chicago Board of Trade (CBOT) agricultural futures closed mixed on Monday, with corn and soybean falling and wheat rising.

The most active corn contract for March delivery fell 0.5 cents, or 0.09 percent, to settle at 5.835 U.S. dollars per bushel. March wheat rose 2.5 cents, or 0.31 percent, to settle at 8.0625 dollars per bushel. January soybean lost 5.75 cents, or 0.45 percent, to settle at 12.615 dollars per bushel.

Market expects that pending U.S. Department of Agriculture (USDA) December report will be slightly bearish for soybean and wheat. Trade volume slackened following active managed money selling in corn, wheat and soymeal, Chicago-based research company AgResource noted.

It is too early to be overly bullish on dry weather in Southern Brazil and Argentina. AgResource suggested not selling breaks on tightening U.S. cash supplies.

U.S. ethanol and soybean crush margins are historically strong for early December.

USDA reported that China booked 130,000 metric tons of U.S. soybeans.

U.S. weekly export inspections for the week ending Dec. 2 were 29.9 million bushels of corn, 82.5 million bushels of soybeans and 9 million bushels of wheat. The wheat export total was less than trade expectations while corn and soybeans were in line.

It is slightly wetter for Southern Brazil including the state of Parana. Yet, high-pressure Ridging aloft across Argentina and Southern Brazil will restrict the flow of moisture. Crop critical weather lies ahead with soil moisture in Southern Brazil in retreat. It is the USDA report due out on Thursday that becomes critical. Enditem

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