KUALA LUMPUR, July 7 (Reuters) - Chicago Board of Trade

soybean futures rose for a second session on Tuesday, as China's

purchase of U.S soybeans supported sentiment.

Corn rose on weather worries, while wheat declined on

ongoing harvest and ample global stocks.

FUNDAMENTALS

* The most-active CBOT soybeans contract climbed 0.31%

to $11.96-1/4 a bushel by 0210 GMT. Wheat fell 0.49% to

$6.11-1/4 a bushel, and corn rose 0.11 to $4.58-3/4 a

bushel.

* China's state-owned trader COFCO bought at least five

cargoes, or at least 300,000 metric tons, of U.S. soybeans on

Monday for shipment between September and November, two U.S.

traders with knowledge of the deals said.

* Saudi Arabia purchased 661,000 metric tons of wheat in its

fourth tender this year, the General Food Security Authority

said.

* The U.S. Department of Agriculture reported in its weekly

crop progress report on Monday corn condition ratings held

steady from the week prior and soybean ratings ticked slightly

lower from the prior week.

* The U.S. winter wheat crop is in 26% good-excellent

condition, the worst on record for this time of year and in line

with analyst expectations.

MARKET NEWS

* Asian stocks drifted lower on Tuesday, even after South

Korea's Samsung Electronics ( SSNLF ) forecast an eye-popping

19-fold jump in second-quarter profit, while the Japanese yen

remained pinned near 40-year lows amid intervention speculation.

DATA/EVENTS

0600 Germany Industrial Output MM May

0600 Germany Industrial Production YY May

0600 UK Halifax House Prices MM, YY Jun

0645 France Reserve Assets Total Jun

1230 US International Trade $ May