GRAINS-Soybean prices inch up, creep away from three-week low

    SYDNEY, Feb 11 (Reuters) - U.S. soybean futures edged up on
Monday to ease away from a near three-week low touched in the
previous session, but ample North American stockpiles amid a
trade war between Washington and Beijing kept pressure on
    * The most active soybean futures on the Chicago Board of
Trade were up 0.2 percent at $9.16-1/2 a bushel by 0112
GMT. They had firmed 0.1 percent on Friday after marking their
lowest since Jan. 22 at $9.08 a bushel.
    * The most active corn futures were up 0.1 percent at
$3.74-3/4 a bushel, having closed down 0.6 percent in the
previous session, when prices hit their weakest since Jan. 16 at
$3.74 a bushel.
    * The most active wheat futures were unchanged at
$5.17-1/4 a bushel, after closing up 0.8 percent on Friday. 
    * U.S. soybean supplies as of Dec. 1 were the biggest on
record as demand for the oilseed fizzled amid the trade war
between the United States and China, the U.S. Department of
Agriculture said on Friday.
    * The USDA also said that farmers seeded the smallest winter
wheat area - 31.290 million acres - since 1909. An abundance of
cheaper supplies around the globe has made U.S. wheat less
desirable to overseas buyers in recent years.
    * U.S. negotiators are preparing to press China this week on
longstanding demands that it reform how it treats U.S.
companies' intellectual property in order to seal a trade deal
that could prevent tariffs from rising on Chinese imports.

    * The dollar rose against most other currencies on Monday,
holding near a six-week high as fresh worries about the
U.S.-Sino trade tensions and global growth drove appetite for
safe-haven assets.  
    * Crude prices dipped early on Monday in Asia as U.S.
drilling activity picked up and as Russia's biggest oil producer
pressured President Vladimir Putin to end the supply cut deal
with Middle East-dominated producer club OPEC.  

0930          Britain          GDP Est 3M/3M             Dec
0930          Britain          GDP Estimate MM           Dec
0930          Britain          GDP Estimate YY           Dec
0930          Britain          Manufacturing Output MM   Dec    
0930          Britain          GDP Prelim QQ              Q4
0930          Britain          GDP Prelim YY              Q4
 Grains prices at  0112 GMT
 Contract       Last   Change  Pct chg  Two-day chg   MA 30  RSI 
 CBOT wheat   517.25     0.00   +0.00%       +0.78%  517.28    46
 CBOT corn    374.75     0.50   +0.13%       -0.46%  378.23    37
 CBOT soy     916.00     1.50   +0.16%       +0.30%  913.24    53
 CBOT rice     10.36   -$0.01   -0.05%       -1.33%  $10.59    30
 WTI crude     52.17   -$0.55   -1.04%       -0.89%  $51.61    44
 Euro/dlr     $1.133   $0.000   -0.02%       -0.12%              
 USD/AUD      0.7105    0.002   +0.24%       +0.08%              
 Most active contracts
 Wheat, corn and soy US cents/bushel. Rice: USD per hundredweight
 RSI 14, exponential

 (Reporting by Colin Packham; Editing by Joseph Radford)