Malaysian palm oil/Vegoils: Market factors to watch Wednesday July 20

Malaysian palm oil futures closed higher on Tuesday, recovering from earlier declines as the ringgit's weakness helped prices

* Malaysian palm oil futures closed higher on Tuesday, recovering from earlier declines as the ringgit's weakness helped prices. 

* U.S. corn and soybean futures slid more than 3 percent on Tuesday, pressured by historically high crop ratings and forecasts for moderating temperatures next week, analysts said.