GRAINS-Wheat scores its highest weekly gain in 6 years due to weather problems

By Julie Ingwersen

CHICAGO, Jul 16 (.) – Wheat on the Chicago Stock Exchange rose about 3% on Friday and posted its biggest weekly gain in six years as dry conditions for North American spring wheat and adverse weather in Europe and Russia they fueled concern about world supplies.

* Soybean futures also rose due to weather uncertainty for crops in the United States, while corn futures declined on the idea that recent rains may have revived crop prospects.

* At 1808 GMT, September wheat in Chicago was up 20.25 cents to $ 6.9225 a bushel.

* November CBOT soybeans rose 14-.25 cents to $ 13.9425 a bushel and December corn was down 2 cents to $ 5.5425.

* Wheat on the CBOT rose more than 12% for the week, the biggest advance on the weekly chart for the most active wheat contract since June 2015.

* On the Minneapolis Grain Exchange, September spring wheat rose 22.5 cents to $ 9.165 after hitting $ 9.25, the highest spot price since December 2012.

(Additional reporting by Gus Trompiz in Paris and Naveen Thukral in Singapore. Edited in Spanish by Rodrigo Charme)

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