* Chicago wheat futures tick higher after dropping more than 2%
* Lack of physical demand limits gain in wheat prices
* Corn, soybeans down on expectations of rains in Brazil
SINGAPORE, Dec 28 (Reuters) - Chicago wheat futures edged higher on Thursday, recouping some of the previous session's losses, although gains were limited by a lack of demand in international markets at the year's end.
Corn and soybeans lost ground with improved weather in Brazil weighing on prices.
The most-active wheat contract on the Chicago Board of Trade (CBOT) added 0.6% to $6.26-1/2 a bushel, as of 0514 GMT. Corn fell 0.2% to $4.75-3/4 a bushel and soybeans lost 0.1% to $13.19 a bushel.
Wheat prices fell more than 2% on Wednesday amid weak demand in the physical market.
For soybeans and corn, weather charts showed uneven showers in the week ahead in dry parts of central and northern Brazil, before widespread heavy rain expected in early January.
Precipitation in the coming weeks will also influence corn crop yields in the upcoming first-crop harvest and impact planting prospects for the larger second crop in Brazil.
Commodity funds were net sellers of CBOT corn, wheat and soymeal futures contracts on Wednesday, and net buyers of soybeans and soyoil futures contracts, traders said. (Reporting by Naveen Thukral; Editing by Subhranshu Sahu and Mrigank Dhaniwala)
