CANBERRA- Chicago wheat, soybean and corn futures fell on Monday as traders awaited US Department of Agriculture reports later in the day that are expected to show the largest September stocks of all three crops in the United States since 2020.

The most-active wheat contract on the Chicago Board of Trade (CBOT) was down 0.6 percent at $5.76-1/2 a bushel, with CBOT corn 0.4 percent lower at $4.16-1/4 a bushel and soybeans slipping 1.2 percent to $10.53 a bushel.

Plentiful supply pushed all three contracts to four-year lows in July and August, but they have regained some ground since, helped in part by a weaker dollar making US crops more competitive on global markets.

Interest rate cuts in the United States and elsewhere have not only weakened the dollar but should stimulate economic activity and demand, supporting CBOT prices, Commonwealth Bank analyst Dennis Voznesenski said.