Malaysian palm oil/Vegoils: Market factors to watch Wednesday Nov 2

A worker loads oil palm fruit into a lorry at a local palm plantation in Shah Alam outside Kuala Lumpur. - REUTERS

* Malaysian palm oil futures dropped on Tuesday evening, hitting their lowest point in more than a week, weighed down by weaker performing rival soyoils on China's Dalian Commodity Exchange and the Chicago Board of Trade. 

* Chicago Board of Trade soybean and corn futures fell on Tuesday on expectations the U.S. Department of Agriculture might raise its forecast of the U.S. soybean yield in a monthly report next week, traders said.