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* Corn up more than 5% in the last four sessions * Hot, dry weather threatens US crops * Wheat progresses slightly, soybeans grow despite China's uncertainty By Colin Packham SYDNEY, July 8 (Reuters) - US corn futures advanced 1 percent on Monday, extending gains in a fourth consecutive session. Weather conditions fueled fears of yield losses following recent unfavorable conditions Wheat rose slightly while maize gains were at the bottom, while soybeans rose by more than 0.5%. The most active corn futures on the Chicago Board of Trade were up 1% at 4.46-1 / 2 a bushel at 3:20 GMT, after rising 0.2% at previous session. Traders said weather models supported prices. "The Midwest should be hot and dry, which could hurt some crops," said a Melbourne-based trader who declined to be named he is not allowed to talk to the media. The US Department of Agriculture said last week that 56% of the corn crop was good to excellent, while farmers were struggling against Weather. Corn is now up for a fourth consecutive session, gaining more than 5% over the period as prices recover after a surprisingly high USDA forecast. last month. In its annual report on acreage, the USDA said US farmers planted 91.7 million acres of corn, well above market expectations. The most active wheat futures were up 0.2% to $ 5.16 a bushel, after closing 0.2% higher on Friday. The most active soybean futures contracts increased 0.6% to $ 9.00-1 / $ 4 a bushel, after closing down 1.6% on Friday when prices hit a $ 8.93 a bushel - their lowest since June 27. Analysts said soy was under pressure from China to fight African swine fever. Cereal prices at 0320 GMT Contract Last modified pct chg chg MA 30 RSI two days CBOT Wheat 516.00 1.00 + 0.19% + 0.39% 521.97 47 CBOT corn 446,50 4,25 + 0,96% + 1,19% 439,48 58 CBOT Soybeans 900.25 5.75 + 0.64% -0.94% 906.28 42 CBOT Rice $ 11.50 0.00 + 0.00% + 2.09% $ 11.79 48 Gross WTI $ 57.60 0.09 + 0.16% + 0.45% $ 55.62 52 Coins Euro / dlr $ 1,123 $ 0,000 + 0.04% to -0.50% USD / AUD 0.6986 0.001 + 0.10% -0.47% Most active contracts Wheat, corn and soybeans US cents / bushel. Rice: USD per quintal RSI 14, exponential (Report by Colin Packham, edited by Sherry Jacob-Phillips)
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