CANBERRA, Nov 21 (Reuters) - U.S. soybean futures rose

slightly on Friday at the end of a see-saw week during which

Chinese purchases of U.S. beans pushed prices to a 17-month high

before doubts about whether China would sustain so rapid a pace

of buying punctured the rally.

Corn futures inched higher and wheat fell slightly.

FUNDAMENTALS

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

Trade (CBOT) was up 0.2% at $11.24-3/4 a bushel at 0111

GMT. The contract was set to end the week flat after reaching

$11.69-1/2 on Tuesday, its highest since June 2024.

* CBOT corn for December delivery rose 0.1% to $4.38

a bushel but was on track for a weekly loss of 0.9%. Wheat

slipped 0.1% to $5.40-1/4 a bushel and was down 0.2% from last

Friday's close.

* Soybeans are still up more than 10% since mid-October and

corn and wheat hit multi-month highs in recent days - the

rallies driven by trade negotiations that have revived Chinese

purchases of U.S. farm goods.

* The U.S. Department of Agriculture said on Thursday that

China bought 462,000 metric tons of U.S. soybeans, taking the

total sales to China confirmed this week to more than 1.5

million tons.

* The USDA also said on Thursday that China had bought

132,000 metric tons of U.S. white wheat.

* However, China's soybean purchases remain far off the 12

million tons that U.S. officials said it promised to buy by the

end of the year as part of a trade truce between the two nations

and many traders think that target won't be reached.

* Commodity funds have been net sellers of CBOT soybeans,

wheat and corn so far this week, traders say. They hold net

short positions in all three crops.

* A rally in the dollar index has also pressured CBOT

prices by making U.S. crops more expensive for overseas buyers.

* Hanging over the markets is ample supply. The

International Grains Council on Thursday raised its forecasts

for global wheat and corn production in the 2025/26 season. It

trimmed its soybean harvest estimate but still expects the

second-largest crop on record.

* Consultants Sovecon meanwhile raised their 2025 Russian

wheat production forecast by 0.8 million tons to 88.6 million

tons and said another bumper crop was likely next year.

MARKETS NEWS

* Asian shares extended a global rout on Friday, as the

much-anticipated U.S. jobs data failed to provide clarity on

interest rates, with investors returning to dumping riskier

assets even after Nvidia's earnings dazzled.