01/06/2017 (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 fourth consecutive session on Wednesday, hitting a more than one-month low on a stronger ringgit MYR= and weaker related edible oils. POI/

* U.S. corn futures rose about 1.4 percent on Wednesday after the U.S. Department of Agriculture's initial condition ratings for the crop fell below trade expectations. GRA/

* Oil prices sank 3 percent to a three-week low on Wednesday as an increase in Libyan output helped boost monthly OPEC crude production for the first time this year. O/R

MARKET NEWS

* Major stock markets around the globe ended a solid May on a weak note on Wednesday, while the British pound fell as conflicting poll results stoked worries whether the ruling Conservatives could lose seats in next week's UK general election. MKTS/GLOB

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