GRAINS-WHEAT CLIMBS AS DRY EUROPE, RUSSIA EXPORT CAP FUEL SUPPLY FEARS

　　GRAINS-WHEAT CLIMBS AS DRY EUROPE, RUSSIA EXPORT CAP FUEL SUPPLY FEARS

　　Russia warns Q2 grain export quota may be filled by mid-May

　　IKAR consultancy cuts Russia wheat crop forecast

　　Dry spell across Europe raises fears of yield losses

　　Corn, soybeans tick down as oil slide weighs (Updates with European trading, changes byline/dateline)

　　Renewed weakness in crude oil markets curbed corn, which has slipped to 3-1/2 year lows in the past month due to deteriorating prospects for corn-based ethanol fuel.

　　Soybeans have also been hurt by reduced demand for biodiesel that uses vegetable oils such as soyoil, as well as fears of less food and feed demand as the novel coronavirus has led to the closure of restaurants across the world and meat factories in the United States.