CBOT soybeans end narrowly mixed after tariff jitters spur wild week

CHICAGO, March 7 (Reuters) - Chicago Board of Trade soybean futures closed narrowly mixed on Friday, with the most-active May contract inching lower in a quiet end to a wild week of market gyrations spurred by trade tensions.

• CBOT May soybeans SK25 settled down 2-1/4 cents at $10.25 per bushel.

• Compared to the previous Friday, the May contract was down only 3/4 cent, but it traded in a 45-cent range from $9.91 to $10.36-1/2 over the course of the week.

• CBOT May soymeal SMK25 ended the day down 50 cents at $304.40 per short ton.

• CBOT May soyoil BOK25 rose 0.25 cent to finish at 43.42 cents per pound, buoyed by a 3% surge in Malaysian palm oil FCPOc3 futures. POI/

• Traders remained fixated on U.S. tariffs and trade. U.S. President Donald Trump slapped fresh duties this week on goods from China, by far the world's largest soybean buyer, and Beijing retaliated swiftly, imposing hikes of 10% and 15% in levies covering $21 billion worth of American agricultural goods, including soybeans.

• But on Thursday, Trump suspended the tariffs he imposed days earlier on most goods from Mexico, the No. 2 U.S. soy buyer, and Canada.

• Market players are looking ahead to the U.S. Department of Agriculture's next monthly supply/demand report on March 11. The report will consider trade policies in place when the forecasts for grains and soybeans are issued, an agency official said on Thursday.