SYDNEY, Nov 3 (Reuters) - U.S. soybeans slipped on Friday, retreating from a near three-week high touched in the previous session, though the oilseed was poised to record its first weekly gain since mid-October as lower-than-expected North American yields underpinned gains.
* The most active soybean futures on the Chicago Board Of Trade up nearly 2.5 percent for the week, the first weekly rally in three weeks.
* Soybeans on Thursday hit a high of $10.00-1/2 a bushel - the highest since Oct 13.
* The most active corn futures up nearly 0.5 percent for the week, the second straight weekly gain.
* The most active wheat futures little changed for the week.
* The U.S. Department of Agriculture on Thursday confirmed 1,356,360 tonnes in U.S. corn sales to Mexico for shipment in the current and next marketing years. That followed news of several corn purchases by South Korean importers.
* Private analytics firm Informa Economics raised its 2017 corn yield estimate to 173.4 bushels per acre (bpa), from its previous monthly estimate of 170.5 bpa, three trade sources said.
* Commodity brokerage INTL FCStone raised its corn yield estimate to 173.7 bpa, from 169.2 previously.
* Chinese imports of oilseeds are forecast to grow to a record 99.8 million tonnes in 2017/18, up 1.3 million tonnes from the prior season, according to a report issued by the USDA's attache in China.
* The dollar fell to its lowest in a week against a basket of major currencies on Thursday after Republicans in the U.S. House of Representatives released proposals to overhaul the tax code.
* Oil markets firmed on Friday, supported by confident sentiment as OPEC-led supply cuts help tighten the market, but analysts cautioned that the cuts would need to be extended to counter rising U.S. output.
* Wall Street's Dow industrials climbed to a record high on Thursday while losses in Facebook kept the S&P 500 and the Nasdaq in check as investors assessed the long-awaited tax cut plan unveiled by U.S. President Donald Trump's fellow Republicans.
0900 Euro Zone Markit Mfg Final PMI Oct 1130 U.S. Challenger Layoffs Oct 1230 U.S. Initial Jobless Claims weekly
Grains prices at 0047 GMT
Contract Last Change Pct chg Two-day chg MA 30 RSI CBOT wheat 427.50 1.50 +0.35% +2.27% 437.00 45 CBOT corn 350.25 -0.25 -0.07% +0.57% 350.11 52 CBOT soy 998.50 -0.75 -0.08% +0.73% 984.84 64 CBOT rice 11.45 $0.01 +0.09% -0.52% $12.12 19 WTI crude 54.86 $0.32 +0.59% +1.03% $51.94 78
Euro/dlr $1.166 $0.000 +0.00% +0.34% USD/AUD 0.7687 -0.002 -0.32% +0.16%
Most active contracts Wheat, corn and soy US cents/bushel. Rice: USD per hundredweight RSI 14, exponential
(Reporting by Colin Packham; Editing by Sonali Paul)