Oct 6 (Reuters) -ICE cotton futures rose on Friday on lingering supply concerns and a softer dollar, while investors awaited a closely watched federal monthly supply-demand report due later next week.

* Cotton contract for December CTZ3 rose 0.55 cent, or 0.6%, to 87.09 cents per lb by 1300 p.m EDT (1700 GMT).

* The greenback .DXY weakened 0.3%, making cotton more attractive to buyers overseas.USD/

* "We got another production estimate coming out next week and I certainly think that you could see less cotton considering the (poor) conditions of the crop," said Kansas-based commodity analyst Sid Love.
* Traders await the World Agricultural Supply and Demand Estimates (WASDE) report from the United States Department of Agriculture (USDA) scheduled for release on Oct. 12.

* "You are going to see bouncing back and forth in prices, but basically we have just been really flat here, the speculators are already long in cotton futures," Love added.

* The USDA weekly export sales report on Thursday showed exports of 149,600 running bales, down 6% from the previous week. EXP/COT.
* Elsewhere, Australia's exports of cotton to China ballooned to 61,319 metric tons worth $130 million in August, the most since July 2014, Australian customs data showed, as traders took advantage of normalising trade relations between the two countries.

* In the grain market, Chicago wheat prices edged lower, corn was flat, while soybeans rose slightly in subdued trading before the closely watched monthly U.S. jobs figures came in.

Reporting by Sherin Elizabeth Varghese in Bengaluru; Editing by Sherry Jacob-Phillips