* Wheat hits highest since Nov. 5 as U.S. winter crop
deteriorates
* Dry weather in top producer Brazil supports soybeans
* Investors take positions ahead of long holiday weekend
SINGAPORE, Nov 25 (Reuters) - Chicago wheat futures rose for
a fourth consecutive session on Wednesday to their highest since
early November, as a crop quality downgrade by the U.S.
government stoked concerns about global supplies.
Soybeans and corn rose in Asian trade.
"U.S. wheat prices are being driven up by the weekly crop
condition report, which showed deterioration in winter crop
condition," said one Singapore-based trader.
"The move in soybean prices depends on Chinese buying and as
of now we see importers reducing purchases of U.S. beans for
January shipment."
The most-active wheat contract on the Chicago Board Of Trade
was up 0.2% at $6.18-1/2 a bushel by 0334 GMT, after
climbing to its highest since Nov. 5 earlier in the session.
Wheat closed up 2.2% on Tuesday.
Soybeans were up 0.4% to $11.95-1/2 a bushel and corn
added 0.2% to $4.33-1/2 a bushel.
The United States Department of Agriculture (USDA) late on
Monday rated 43% of the U.S. winter wheat crop in good to
excellent condition, down from 46% a week earlier and bucking
analyst expectations for a one-point improvement.
The biggest declines occurred in drought-hit states in the
southern Plains.
Soybean prices were underpinned by dry weather across
Brazil, the world's largest oilseed producer.
The USDA confirmed private sales of 334,000 tonnes of U.S.
corn to unknown destinations, the latest in a series of daily
corn sales announcements.
The wheat market drew additional support from positioning
ahead of the holiday weekend.
The CBOT will be open for a shortened session on Friday
after Thursday's holiday, but trade tends to be thin that day.
Commodity funds were net buyers of CBOT wheat and soymeal
futures contracts on Tuesday and net sellers of corn, soyoil and
soybean futures, traders said.
(Reporting by Naveen Thukral; Editing by Ramakrishnan M.)