GRAINS-Soybeans down on China growth concern, strong dollar weighs

* Soybeans ease after touching highest since Aug. 22

* Concern over growth in top importer China weighs

* Wheat and corn also lower

* Strong U.S. dollar weighs on grains

(Updates with European trading, changes byline/dateline) SINGAPORE/PARIS, Oct 8 (Reuters) - Chicago soybean prices fell from their highest in more than six weeks on Monday, pressured by ongoing concerns that an escalating trade war with the United States could dent growth in China, the world's biggest soybean importer. Wheat eased after rising for two sessions in a row. The rise was due to expectations that tightening supply in the Black Sea region would push up demand for U.S. shipments. The most-active soybean contract on the Chicago Board of Trade was down 0.2 percent at $8.67-1/2 a bushel by 1102 GMT. It had earlier touched its highest since Aug. 22 at $8.75, extending Friday's 1.1 percent rise, on concerns that rains in parts of the U.S. Midwest may delay the harvest of what is expected to be a record crop. Wheat fell 0.5 percent to $5.18-1/4 a bushel, after rising 0.6 percent on Friday. Corn was down 0.5 percent at $3.66-1/2 a bushel, having gained 0.2 percent in the last session. A rise in the dollar against a basket of currencies also pressured U.S. grain prices on Monday. Rains across the U.S. Midwest are delaying harvesting and stoking fears of crop damage. Soybeans dropped to a 10-year low last month as a trade war between Washington and Beijing curbs exports from the United States, the No. 2 supplier, to China. Market operators were also keeping an eye on Brazil's presidential election in which far-right Congressman and former Army captain Jair Bolsonaro won nearly half the votes in the first-round on Sunday. Brazil is the world's largest soybean exporter. Forward sales of the new Brazilian soybean crop are well ahead of last year's levels, as farmers take advantage of favourable prices and the Sino-U.S. trade dispute to clinch deals early in the season, consultancy Safras & Mercado said on Friday. Brazilian soybean producers have sold 27.3 percent of the crop that will start to be collected around January, compared with the 14.1 percent that had been sold at this time last year, Safras said in a report. China soymeal futures climbed more than 2.5 percent on Monday morning to a record 3,457 yuan ($501.37) per tonne amid ongoing concerns about the trade war. Large speculators trimmed their net short position in CBOT corn futures in the week to Oct. 2, regulatory data released on Friday showed. The Commodity Futures Trading Commission's weekly commitments of traders report also showed that noncommercial traders, a category that includes hedge funds, increased their net short position in CBOT wheat and trimmed their net short position in soybeans. Prices at 1104 GMT

Last Change Pct End Ytd Move 2017 Pct


CBOT wheat Dec 518.25 -2.75 -0.53 427.00 21.37 CBOT corn Dec 366.50 -1.75 -0.48 350.75 4.49 CBOT soy Dec 867.50 -1.50 -0.17 951.75 -8.85 Paris wheat Dec 203.00 -0.50 -0.25 162.50 24.92 Paris maize Nov 174.00 -0.25 -0.14 163.50 6.42 Paris rape Aug 375.75 -1.00 -0.27 347.75 8.05 WTI crude oil 73.39 2.61 3.69 60.42 21.47 Euro/dlr 1.15 -0.03 -2.40

Most active contracts - Wheat, corn and soy US cents/bushel, Paris futures in euros per tonne

(Reporting by Naveen Thukral in Singapore and Sybille de La Hamaide in Paris Editing by Joseph Radford and Kirsten Donovan)