* Strong pace of U.S. exports support soybean futures
* Technicals see corn rising to $5.76-½
* Corn may come under pressure on long liquidation
U.S. corn and soybeans rose around 0.7 percent on Friday as gains in Asian equity markets and crude oil supported grain futures amid technical signals indicating higher corn prices.
Analysts said additional support for soybean futures came from strong purchases by China, the world's biggest
importer, where higher meal and vegoil prices have made crush margins attractive.
Chicago Board of Trade corn, which has been buoyed by expectations of lower yields in the United States and a production shortfall in China, has risen more than 33 percent in the past two months.
Soybeans are up 9 percent in October against the backdrop of Chinese demand, while wheat has been largely unchanged this month.
"Really what is driving the grain markets is the outside influence," said Paul Deane, agricultural commodity strategist at ANZ. "We are seeing a bit of bounce in equities...it is sort of global attitude to risk."
Asian stock markets rose on Friday, driven by a rally in technology shares, lifting crude oil and agricultural commodities even as the dollar remained steady ahead of a contentious G20 meeting. Finance ministers from
advanced economies in the Group of 20 are going to Gyeongju, South Korea to ask emerging markets to allow their currencies to strengthen more and to peddle a plan on capping current account balances.
Chicago Board of Trade soybeans for November delivery rose 0.7 percent to $12.10 a bushel by 0338 GMT and December delivery corn added 0.66 percent to $5.68 per bushel.
CBOT December wheat rose 0.4 percent to $6.71-¼ per bushel.
December corn may return to $5.76-1/2, an hourly chart high, as the retracement is seen to have ended at Thursday's low of $5.61-¾ per bushel, according to Reuters technical analysis