Wires

GRAINS-Corn steady as harvest eyed; soybeans, wheat higher

Gus Trompiz and Naveen Thukral

* Corn market weighs cold weather outlook as harvest starts

* Soybeans supported by Chinese buying, Trump comments

* Wheat rebounds after 5 sessions of losses

(Updates with European trading, changes byline/dateline) PARIS/SINGAPORE, Sept 26 (Reuters) - Chicago corn was little changed on Thursday as traders assessed harvest prospects for a late-developing U.S. crop, while soybeans rose on hopes for further Chinese purchases and wheat saw a technical bounce encouraged by brisk international demand. The most-active corn contract on the Chicago Board Of Trade was down 0.1% at $3.74 a bushel by 1223 GMT near the end of the overnight trading session. CBOT soybeans were up 0.4% at $8.92-3/4 a bushel while CBOT wheat climbed 1.6% to $4.84-3/4 to break a run of five sessions of declines. Grain markets have been struggling to predict the size of this year's U.S. corn harvest after exceptionally late planting in a soggy spring followed by some more favourable weather during the summer. U.S. farmers have harvested just 7% of the corn crop as compared with the average pace of 11%, the U.S. Department of Agriculture (USDA) said on Monday. "Buyers in Asia are waiting to see U.S. corn crop yields," said a Singapore-based trader. "Harvest will pick up pace next month." Weather forecasts showing possible frosts from next week in northerly U.S. growing belts suggested some risks for crops. "Climatic conditions will therefore have to be monitored and are bringing some support to corn prices," consultancy Agritel said in a note. The soybean market drew support from confirmation of another large Chinese purchase of U.S. supplies together with a more optimistic tone struck by U.S. President Donald Trump regarding trade negotiations with Beijing.

The USDA has said private exporters sold 581,000 tonnes of U.S. soybeans to China for delivery in the 2019/20 marketing year that began on Sept. 1. U.S. wheat remains uncompetitive in major Middle Eastern import markets, but a run of international tenders nonetheless showed sustained demand in the face of hefty global supplies. Egypt's state grains buyer, the General Authority for Supply Commodities, said it bought 300,000 tonnes of Russian and French wheat for shipment Oct. 26 through Nov. 5. Grain traders were also watching for the outcome of a one million tonne barley import tender announced by Saudi Arabia for a sign of overall demand for feed grains.

Prices at 1223 GMT

Last Change Pct End Ytd PctMove 2018 MoveCBOT wheat 484.75 7.50 1.57 503.25 -3.68CBOT corn 374.00 -0.25 -0.07 375.00 -0.27CBOT soy 892.75 3.50 0.39 895.00 -0.25Paris wheat Dec 172.75 2.00 1.17 191.25 -9.67Paris maize Nov 163.25 0.75 0.46 175.25 -6.85Paris rape Nov 386.75 1.00 0.26 364.00 6.25WTI crude oil 56.38 -0.11 -0.19 45.41 24.16Euro/dlr 1.09 0.00 0.06 1.1469 -4.54

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

(Reporting by Gus Trompiz in Paris and Naveen Thukral in Singapore; Editing by Aditya Soni and David Evans)