Malaysian palm oil gave up its early gains on Thursday, declining towards the end of the trading day as rallies of rival vegetable oils on China's Dalian Commodity Exchange slowed and palm export demand weakened
* Malaysian palm oil futures eased on Thursday, dipping after two sessions of gains on year-end profit-taking and in line with declines in rival soyoil.
* U.S. wheat futures rose about 1 percent on Thursday, supported by short-covering and a setback in the dollar, which tends to make U.S. grains more attractive to those holding other currencies, traders said.
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