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* Supplies were likely to increase in the coming days as the US soybean harvest advanced. The soy harvest reached 6 percent complete as of Sunday, the US Department of Agriculture said late on Monday.
* Chicago Board of Trade soymeal futures fell to life-of-contract lows, pressured in part by a big US soy crop.
* But cheaper prices for other feeds, including the ethanol byproduct of distillers dried gains, could limit demand for soymeal, the dealers said.