14/03/2017 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

FUNDAMENTALS

* Malaysian palm oil futures fell for a third consecutive session to reach the weakest level in more than four months, tracking declining soyoil on Monday evening.

* U.S. wheat futures fell more than 2 percent on Monday on improving weather forecasts for the southern Plains winter wheat belt, analysts said.

* Crude oil prices hovered near three-month lows on Tuesday in early Asian trading as investors await key reports and data that may shed light on a supply overhang in the global market.

MARKET NEWS

* Major U.S. stock indexes paused on Monday as investors braced for a potential U.S. interest rate hike by the Federal Reserve later in the week, while oil prices hovered near three-month lows.

RELATED
> NOPA February U.S. soy crush forecast at 146.091 mln bushels

> Informa raises U.S. 2017 corn, soy acreage forecasts -trade

> U.S. Agriculture secretary nominee submits ethics disclosures

> ADM to expand in China; eyes demand for animal and fish feed

DATA/EVENTS

> Cargo surveyor ITS releases Malaysia’s Mar 1-15 palm oil export data on Mar 15.
 
>Cargo surveyor SGS releases Malaysia’s Mar 1-15 palm oil export data on Mar 15.