CANBERRA, Nov 2 (Reuters) - Chicago wheat futures retreated on Monday toward a 4-month low hit last week as expectations of increased Russian wheat exports outweighed strong demand for US grain.
Corn and soybean futures rose after sharp declines in recent weeks attracted bargain buying.
* The most-traded wheat contract on the Chicago Board of Trade (CBOT) was down 0.3% at $6.01-3/4 a bushel at 0128 GMT, while CBOT corn was up 0.4% at $4.49-1/2 a bushel and soybeans rose 0.2% to $12.37-1/4 a bushel.
* Wheat prices are down nearly 25% from a high in early September as speculative investors unwound long positions built up during August.
* Corn futures have fallen nearly 20% from their September highs and soybeans have lost around 8%.