GRAINS-Chicago grains steady after slide

Updates at 1316 GMT, changes dateline

CANBERRA/PARIS, Feb 28 (Reuters) - Chicago wheat, corn and soybeans futures steadied on Friday after losses this week fuelled by U.S. planting forecasts, concerns that tariffs will impact agricultural trade, and improving weather for crops.

Investors were also turning their attention to U.S. inflation data after wrestling with latest tariff announcements by U.S. President Donald Trump. MKTS/GLOB

The most-active wheat contract on the Chicago Board of Trade (CBOT) Wv1 was up 1.1% at $5.68-1/2 a bushel at 1316 GMT.

CBOT corn Cv1 rose 0.3% to $4.82-1/2 a bushel while soybeans Sv1 were up 0.5% at $10.42-1/2 a bushel.

Wheat reached an eight-month high of $6.21-1/4 and corn an 18-month peak of $5.13-3/4 last week, supported by expectations that supply will tighten.

But improving crop weather in South America and the passing of cold snaps in the United States and Russia have eased fears about near-term threats to production.

Higher prices are also predicted to lure farmers away from soybeans.

The U.S. Department of Agriculture said U.S. farmers would plant more corn and wheat and less soy in 2025.