CBOT corn ends nearly flat as grain traders await Trump-Xi meeting

CHICAGO, Oct 29 (Reuters) - Chicago Board of Trade corn futures ended nearly flat on Wednesday as traders awaited a meeting between U.S. President Donald Trump and his Chinese counterpart Xi Jinping that could cool trade tensions.

• The market Cv1 consolidated after rising on Tuesday to its highest level since July, traders said.

• Trump said he expected talks with Xi to go well on Thursday in South Korea.

• China's state-owned COFCO bought three U.S. soybean cargoes, two trade sources said, the country's first purchases from this year's U.S. harvest, shortly before the summit.

• Analysts estimated weekly U.S. corn export sales were 1.1 million to 2.1 million, according to a Reuters poll.

• The U.S. Department of Agriculture has suspended weekly export sales reports, normally published on Thursdays, due to the federal government's shutdown.

• CBOT December corn CZ25 rose 2 cents to close at $4.34 per bushel.