(Updates with U.S. trading, changes dateline)

By Renee Hickman

CHICAGO, April 11 (Reuters) - Chicago wheat futures

rallied Friday as the dollar weakened against other major

currencies, while corn firmed on U.S. Department of Agriculture

data and soybeans climbed, unruffled by the latest hike in

China's retaliatory tariffs against U.S. goods.

The most-active wheat contract on the Chicago Board of Trade

(CBOT) rose 18-3/4 cents to $5.56-3/4 a bushel at 11:49

a.m. CST (1649 GMT).

CBOT soybeans were up 14-1/2 cents to $10.43-1/2 a

bushel, having earlier reached their highest point since Feb.

28. Most active corn rose 6 cents to $4.89 per bushel,

after hitting its highest peak since Feb. 27.

Wheat rebounded from the previous day's fall with a falling

dollar encouraging the market to shake off an increased U.S.

Department of Agriculture forecast of U.S. wheat stocks, Mike

Zuzolo, president of Global Commodity Analytics, said.

The dollar weakened against major currencies on Friday as

the back-and-forth over tariffs shook investor confidence in the

U.S. currency as a safe haven, sending it to a three-year low

versus the euro.

A weaker dollar makes U.S. exports cheaper and therefore

more competitive for holders of other currencies.

Zuzolo said corn ticked up on residual support from the USDA

on Thursday tightening its outlook for U.S. corn stocks with

increased exports and lowering ending stocks, shaking off wider

investor fears about economic fallout from U.S. President Donald

Trump's tariff offensive.

Earlier this week, Trump announced a 90-day tariff pause on

dozens of countries while ratcheting up tariffs on Chinese

imports effectively to 145%.

Beijing retaliated with new 125% tariffs on Friday,

indicating this would be the last time it matched U.S. tariff

rises but leaving the door open for other forms of retaliation.

Traders have played down successive increases in Chinese

tariffs against U.S. goods, seeing scope for negotiations during

what is a seasonally quiet period for U.S. soybean exports to

China.

The soybean market also found support from a slight

reduction to the USDA's forecast of U.S. stocks, and rising

soybean oil futures, said Zuzolo.