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SYDNEY, July 10 (Reuters) - US soybeans are on the rise Tuesday, after losses of more than 2 percent in the previous session, although the gains have been verified as a department of Agriculture said that the state of culture was above the market expectations. FOUNDATIONS * The most active soybean futures on the Chicago Board Of Trade increased 0.4 percent to $ 8.75-1 / $ 4 a bushel at 0100 GMT, having closed 2.5% on Monday and up 4.5% on Friday. * Most active maize futures declined 0.1% at US $ 3.66 / 1 bushel, gaining 1.9 percent session. * The most active wheat futures declined 0.4% at $ 5.05 / 3 a bushel, after closing 1.4 percent Monday. * The USDA said that 71 percent of the soybean crop was in good in excellent condition, slightly above market expectations. * The USDA said that 75 percent of the corn crop was in good shape excellent condition, corresponding to market expectations. * The USDA said that 80% of spring wheat is in good condition excellent condition, well above badysts' forecasts. * Grain dealers are also positioning themselves in front of the USDA monthly supply and demand reports due Thursday. The USDA is should start reducing soybean exports to the US and increase stocks projected in the course of a trade war with the main importer China. MARKET NEWS * The pound was fragile on Tuesday after departure of two key eurosceptic ministers raised concerns about a "hard" Brexit "while the dollar stood near the three-week lows against his rivals after the data showed a soft growth in US wages. * Oil prices rose on Monday, with US crude ending higher chopped session on expectations for Canadian production the outage lasts until September, while the global Brent benchmark won on impending sanctions on Iran and the fall of production in Libya. * US stocks rose on Monday, giving Dow and S & P 500 their largest gains in more than a month as bank stocks jumped before earnings reports later this week. Data to come (GMT) 0130 China Consumer Prices June 0130 China Production Prices June 0645 France Industrial production May 0900 Germany ZEW economic sentiment Jul. 1000 United States NFIB business optimism Jun Prices of cereals at 0100 GMT Contract Last change Pct chg MA 30 RSI Wheat CBOT 505.75 -2.25 -0.44% 414.78 59 CBOT corn 366,50 -0,50 -0,14% 355,88 40 CBOT soybean 875.25 3.25 + 0.37% 1020.71 37 CBOT Rice 12.11 $ 0.00 -0.04% $ 9.86 54 Gross WTI $ 74.09 0.24 + 0.32% $ 53.08 71 Currencies Euro / dlr $ 1.176 $ 0.116 + 10.95% USD / AUD 0.7477 0.000 + 0.03% The most active contracts Wheat, corn and soybeans US cents / bushel. Rice: USD per quintal RSI 14, exponential (Report by Colin Packham, edited by Richard Pullin)
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