Wires

GRAINS-Soybeans flat ahead of USDA report

SYDNEY, Jan 9 (Reuters) - U.S. soybeans futures were unchanged on Thursday, as the market awaited the next day's U.S. Department of Agriculture (USDA) supply and demand forecast.

FUNDAMENTALS

* The most active soybean futures on the Chicago Board Of Trade were steady at $9.47-3/4 a bushel by 0201 GMT, having firmed 0.3% on Wednesday.

* The most active corn futures were unchanged at $3.84-1/4 a bushel, after closing little changed in the previous session after prices had earlier hit a Dec. 13 low of $3.82 a bushel.

* The most active wheat futures were up 0.2% at $5.53-3/4 a bushel, having closed up 0.4% on Wednesday.

* Market sentiment buoyed after U.S. President Donald Trump said on Wednesday there were no American casualties in the Iranian strikes on military bases housing U.S. troops in Iraq and that Tehran appeared to be standing down.

* Crop markets are focused on the USDA report, set to release on Friday, which could include a revision to the U.S. corn harvest after adverse weather conditions.

China will not increase its annual low-tariff import quotas for corn, wheat and rice to accommodate stepped-up purchases of farm goods from the United States, senior agriculture official Han Jun said on Tuesday, according to local media group Caixin.

MARKET NEWS

* The safe-haven yen slid from three-month highs against the dollar on Wednesday, as U.S.-Iran tensions eased after President Donald Trump signalled there would be no further military action, for now, with Tehran appearing to have pulled back from its threats.

* Oil futures fell more than 4% on Wednesday in a wild swing, soaring close to a four-month high in early trade on an Iranian rocket attack on U.S. forces in Iraq before retreating as the countries quickly ratcheted back tensions.

* U.S. stocks ended higher on Wednesday, but the day's uneven path showed investors' sensitivity to any signs of turmoil in the Middle East, with stocks rising on comments by President Donald Trump and paring gains on reports of blasts in Baghdad.

(Reporting by Colin Packham; Editing by Rashmi Aich)