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SYDNEY, Sept 9 (Reuters) - U.S. corn futures on Monday rebounded from a nearly four-month low touched in the previous session, though favorable weather conditions in North America stoked expectations of ample global supplies, curbing further gains.
* The most active corn futures on the Chicago Board Of Trade were up 0.4% at $3.56-3/4 a bushel, as of 0139 GMT, having closed down 0.9% in the previous session when prices hit a May 13 low of $3.53 a bushel.
* The most active soybean futures were up 0.1% at $8.58-3/4 a bushel, having closed down 0.4% on Friday when prices hit a Aug 28 low of $8.56 a bushel.
* The most active wheat futures were unchanged at $4.63-3/4 a bushel, having closed down 0.5% on Friday.
* U.S. Department of Agriculture reported export sales of U.S. corn in the latest week at 250,800 tonnes (old and new crop years combined), below a range of trade expectations for 500,000 tonnes to 900,000 tonnes.
* Private analytics firm IEG Vantage, formerly known as Informa Economics IEG, raised its forecast of the average U.S. 2019 corn yield to 169.6 bushels per acre (bpa), up from 167.8 bpa a month ago and just above the U.S. Department of Agriculture's estimate of 169.5 bpa.
* USDA reporting weekly soybean export sales at 857,900 tonnes (old and new crop years combined), above trade expectations.
* Statistics Canada reported Canadian stocks of canola, an oilseed that competes with soy, at a record-high 3.9 million tonnes, up 55% from last year.
* The euro was on the back foot on Monday ahead of a European Central Bank meeting later this week at which policymakers are expected to deliver new stimulus to bolster a flagging regional economy.
* Oil rose on Monday after a Saudi official said there would be no change in Saudi Arabia's OPEC policy as Prince Abdulaziz bin Salman was made the new energy minister for the world's biggest crude exporter over the weekend.
Grains prices at 0139 GMT
Contract Last Change Pct chg Two-day chg MA 30 RSICBOT wheat 463.75 0.00 +0.00% -0.54% 480.28 44CBOT corn 356.75 1.25 +0.35% -0.56% 384.26 20CBOT soy 858.75 1.00 +0.12% -0.32% 872.46 38CBOT rice 11.95 -$0.02 -0.17% -0.17% $11.77 69WTI crude 56.95 $0.43 +0.76% +1.15% $55.33 58
Euro/dlr $1.102 $0.000 -0.04% -0.09%USD/AUD 0.6850 0.000 +0.06% +0.54%
Most active contracts Wheat, corn and soy US cents/bushel. Rice: USD per hundredweight RSI 14, exponential
(Reporting by Colin Packham, Editing by Sherry Jacob-Phillips)