Malaysian palm oil/Vegoils: Market factors to watch Monday Feb 20

Malaysian palm oil futures closed nearly 1 percent higher on Wednesday, posting their third straight session of gains, on the back of a weaker ringgit. (Filepic shows an oil palm plantation worker carrying an oil palm bunch to be loaded onto the back of a truck at a plantation near Sepang. - Reuters

* Malaysian palm oil futures dropped to their lowest in three months on Friday, on expectations of rising production and slow export demand.

* U.S. wheat and corn futures fell on Friday for a second straight session as traders liquidated long positions ahead of a U.S. holiday weekend, and following a fund-driven rally seen as lacking fundamental drivers, analysts said.