GRAINS-Soybeans fall for second session on supply pressure; corn and wheat ease

SINGAPORE, Oct 6 (Reuters) - Chicago soybean futures lost more ground on Monday, as an advancing U.S. harvest and a lack of Chinese buying continued to weigh on the market.

Corn slid for a second session, while wheat fell for the first time in four sessions.

FUNDAMENTALS

* The most-active soybean contract on the Chicago Board of Trade (CBOT) Sv1 fell 0.2% to $10.16-1/2 a bushel, as of 0034 GMT. Corn Cv1 gave up 0.2% to $4.18-1/4 a bushel and wheat Wv1 fell 0.3% to $5/13-1/2 a bushel.

* U.S. farmers are scrambling to sell soybeans, with China remaining out of the market, looking for higher sales to other buyers in Asia and importers in Africa.

* Importers in China, the top U.S. soybean market by far, have not yet bought soybeans from the autumn U.S. harvest.

* U.S. Treasury Secretary Scott Bessent said last week that the federal government would support American farmers in light of China's refusal to buy soybeans and that an announcement would be made on Tuesday.

MARKET NEWS

* World stocks were on course for a solid weekly gain and more record highs as the seemingly unstoppable rally in tech shares and expectations of lower U.S. interest rates helped to offset uncertainty surrounding the U.S. government shutdown. MKTS/GLOB

DATA/EVENTS (GMT)

0830 UK S&P GLOBAL PMI: MSC COMPOSITE - OUTPUT Sep