CHICAGO: Chicago Board of Trade soyabean futures finished slightly lower on Tuesday on improving US crop conditions and profit-taking, traders said.
CBOT July soyabeans were down 1-1/2 cents at $8.63-1/4 per bushel at the close.
CBOT July soyameal ended down $1.30 at $287.10 per short ton, while July soyaoil rose 0.13 cent to 28.23 cents per pound.
Traders were watching for new sales of US soyabeans to China, after the US Department of Agriculture last week confirmed that China made a string of purchases.
The USDA, in a report issued after the market closed on Monday, rated 72% of the nation's soyabean crop as good to excellent, up from 70% the previous week. Analysts on average had expected a smaller improvement of 1 percentage point.
The USDA said soyabean planting was 86% complete, up from 75% a week earlier and ahead of the five-year average of 79%.
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