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GRAINS-Soybeans near 3-month high on China hopes, U.S. crop risks

* Chicago soybeans steady after Wednesday's near 3-month top * Report of China import offer, U.S. snowstorm lend support * Price moves limited before USDA data, U.S.-China talks (Updates with European trading, changes byline/dateline) By Gus Trompiz PARIS, Oct 10 (Reuters) - Chicago soybean futures ticked higher on Thursday, holding around a near three-month high hit a day earlier, as hopes of increased Chinese buying of U.S. soybeans and risks of reduced U.S. harvest yields underpinned the market. Wheat edged higher while corn was flat as trading was subdued before U.S. Department of Agriculture (USDA) supply and demand data and the start of U.S.-Chinese trade negotiations later in the day. The most-active soybean contract on the Chicago Board Of Trade (CBOT) was up 0.1% at $9.24-1/2 a bushel by 1135 GMT, having climbed to its highest since July 15 at 9.31-1/2 on Wednesday. Soybean futures rallied on Wednesday after the Financial Times reported that Chinese negotiators had offered to boost annual purchases of U.S. soybeans to 30 million tonnes from 20 million at present. However, investors are being cautious about the latest round of talks, due to take place on Thursday and Friday in Washington, after the U.S. this week imposed restrictions on Chinese organisations and officials over human rights concerns relating to Muslims in China's Xinjiang province. "U.S.-China trade talks and Chinese buying of U.S. beans are in focus although expectations for the talks are pretty low," said Phin Ziebell, agribusiness economist, National Australia Bank. Soybean and corn markets have also been supported by weather forecasts pointing to a snow storm later this week that could bring freezing conditions to northerly grain belts. "Losses could be caused to crops that have not reached maturity, given the delays in sowing this spring," consultancy Agritel said. The weather risks have added to uncertainty ahead of the USDA report, which will include updated U.S. corn and soybean yield estimates. Any cuts to harvest yields by the USDA could stir the market after the agency already tightened the U.S. supply outlook by pegging quarterly stocks of corn and soybeans below expectations in a report at the end of September. CBOT corn was unchanged on the day at $3.94-1/4 a bushel, consolidating below a near two-month high of $3.97-1/4 seen on Wednesday. CBOT wheat added 0.7% to $5.03-1/2 bushel as it held above the $5 threshold crossed on Wednesday when prices reached a two-month high at $5.04-1/2. Grain markets will also get a demand update from weekly USDA export data at 1230 GMT. Prices at 1135 GMT Last Change Pct End Ytd Pct Move 2018 Move CBOT wheat 503.50 3.25 0.65 503.25 0.05 CBOT corn 394.25 0.00 0.00 375.00 5.13 CBOT soy 924.50 0.75 0.08 895.00 3.30 Paris wheat Dec 178.00 -0.75 -0.42 191.25 -6.93 Paris maize Nov 165.50 0.75 0.46 175.25 -5.56 Paris rape Nov 385.25 -1.50 -0.39 364.00 5.84 WTI crude oil 52.70 0.11 0.21 45.41 16.05 Euro/dlr 1.10 0.01 0.52 1.1469 -3.86 Most active contracts - Wheat, corn and soy US cents/bushel, Paris futures in euros per tonne (Reporting by Gus Trompiz, additional reporting by Naveen Thukral; editing by Uttaresh.V/Subhranshu Sahu/Jane Merriman)

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