BEIJING, July 31 (Reuters) - Chicago corn futures rose

on Thursday, supported by technical buying and short-covering,

while soybeans rebounded from a four-month low hit in the

previous session.

Wheat also edged higher, though prices hovered near a

seven-week low amid harvest pressure across the North

Hemisphere.

FUNDAMENTALS

* The most-active corn contract on the Chicago Board of

Trade (CBOT) was up 0.18% at $4.13 per bushel, as of 0136

GMT.

* Soybeans gained 0.35% to $9.99 a bushel, while heat

rose 0.19% to $5.24-6/8 a bushel after two consecutive

sessions of falls.

* Favourable weather in the Midwest has bolstered

expectations for a strong harvest, pressuring corn and soybean

prices.

* Corn harvesting has started in the far southern fringes of

the crop belt, including Texas and Louisiana, weekly U.S. data

showed.

* Asia demand for corn is brisk due to low prices. Taiwan's

MFIG purchasing group bought about 65,000 metric tons of animal

feed corn expected to be sourced from the United States in an

international tender on Wednesday, European traders said.

* Bangladesh's government has approved the purchase of about

220,000 tons of wheat from the United States as part of efforts

to cool trade tensions, lending some support to wheat prices.

* Traders are awaiting weekly U.S. grain and soybean export

sales data from the U.S. Department of Agriculture due later in

the day. The agency is also expected to raise its U.S. corn

yield estimate in a monthly crop report due on August 12.

* Commodity funds were net sellers of CBOT soybean, soymeal,

soyoil and wheat futures contracts on Wednesday, traders said.

Funds were net buyers of corn futures, they said.

MARKET NEWS

* The dollar strengthened against major peers on Wednesday

after the Federal Reserve left U.S. interest rates unchanged, in

line with market expectations but rebuffing pressure from

President Donald Trump.

DATA/EVENTS (GMT)

0645 France CPI (EU Norm) Prelim MM, YY July

0645 France CPI Prelim MM, YY NSA July

0645 France Producer Prices YY June

0755 Germany Unemployment Chg, Rate SA July

0900 EU Unemployment Rate June

1200 Germany CPI, HICP Prelim YY July

1230 US Consumption, Adjusted MM June

1230 US Core CPE Price Index MM, YY June

1230 US PCE Price Index MM, YY June

1230 US Initial Jobless Clm 26 Jul, w/e