GRAINS-Soybeans inch up on slow U.S. harvest pace

SYDNEY, Nov 13 (Reuters) - U.S. soybean futures edged higher on Wednesday, after touching a one-month trough in the previous session, as the U.S. Department of Agriculture pegged the pace of harvest below market expectations.


* The most active soybean futures on the Chicago Board Of

Trade were up 0.1% at $9.17-3/4 a bushel by 0201 GMT.

Prices had closed little changed on Tuesday after hitting the Oct. 8 low of $9.15 a bushel earlier in the session.

* The most active corn futures were up 0.3% at $3.76-3/4 a bushel, having gained 1.2% in the previous session.

* The most active wheat futures were down 0.4% at $5.15 a bushel, having closed up 2.2% on Tuesday.

* The USDA said the corn harvest was 66% complete, behind market expectations.

* The USDA said the soybean harvest was 85% complete, behind analysts' forecasts.

* The USDA said 54% of the winter wheat crop is in good to excellent condition, lagging behind forecasts.

* Temperatures dropped near zero Fahrenheit (-18 Celsius) in wheat-growing areas of the U.S. Plains, including in western Kansas, according to a daily weather report from the U.S. Department of Agriculture.

* The USDA separately reported 528,875 tonnes of U.S. wheat were inspected for export in the week ended Nov. 7. That was slightly above analysts' estimates for 300,000 to 500,000 tonnes. pnL2N27R0QC 3/8

* U.S. President Donald Trump on Tuesday dangled the prospect of completing an initial trade deal with China "soon" but offered no new details on negotiations.


* The dollar clung to most of its recent gains on Wednesday after U.S. President Donald Trump said a trade deal with China was "close" but offered no new details on negotiations to send the greenback higher.

* Oil prices ended Tuesday little changed after paring gains of about 1% following a speech from U.S. President Donald Trump that offered few new details about Washington's trade talks with Beijing.

* The benchmark S&P 500 stock index eked out a slim gain on Tuesday as President Donald Trump said the United States is close to signing an initial trade deal with China but offered no new details about negotiations.

(Reporting by Colin Packham; Editing by Aditya Soni)