Wires

GRAINS-Soybeans snap 8 sessions of gains as virus deaths jump

SYDNEY, Feb 13 (Reuters) - U.S. soybean futures fell for the first time in nine sessions on Thursday as a sharp increase in the number of deaths due to the coronavirus outbreak in China stoked fears about demand from the world's No. 1 importer.

FUNDAMENTALS

* The most-active soybean futures on the Chicago Board of Trade were down 0.1% at $8.91-1/2 a bushel by 0101 GMT, having firmed 0.9% on Wednesday when prices hit a Jan. 30 high of $8.93 a bushel.

* Corn futures fell 0.2% to $3.82-1/4 a bushel, having gained 0.9% in the previous session.

* Wheat futures were unchanged at $5.47-1/2 a bushel, having closed up 1% on Wednesday after prices had earlier hit a Dec. 16 low of $5.38-1/4 a bushel.

* The number of deaths in China's central Hubei province from the virus outbreak jumped by 242 to 1,310 as of Wednesday, the province's health commission said on Thursday.

* The coronavirus outbreak could reduce Chinese purchases of U.S. farm goods, White House national security adviser Robert O'Brien said on Tuesday

* But China has not informed the United States of any delays or reductions of its planned purchases due to the outbreak, USDA Under Secretary of Trade Ted McKinney said.

* The U.S. Department of Agriculture (USDA) in a monthly report on Tuesday trimmed its forecast for 2019-20 world wheat ending stocks to 288.03 million tonnes, nearly unchanged from 288.08 million previously.

* Analysts surveyed by Reuters on average had expected a bigger reduction to 287.44 million tonnes.

MARKET NEWS

* Asian stock markets wobbled and the safe-havens of the Japanese yen, gold and bonds rose as the number of new coronavirus cases at the outbreak's epicenter jumped sharply.

* The yen rose from a three-week low against the dollar on Thursday after the sharp jump in death toll and new confirmed cases in China's Hubei province jolted markets and sparked a flight for safe-haven assets.

* Oil prices edged up on hopes of OPEC output cuts, although gains were capped following the surge in death toll from the virus outbreak in China.

* Wall Street closed at record highs on Wednesday.

DATA/EVENTS AHEAD (GMT)

0800 Germany HICP Final YY Jan

1330 U.S. CPI MM, SA Jan

1330 U.S. Initial Jobless Claims weekly

(Reporting by Colin Packham; editing by Uttaresh.V)

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