CBOT soybeans ease as investors watch tariff developments

March 24 (Reuters) - Chicago Board of Trade soybean futures ticked down Monday as traders monitored U.S. import tariff negotiations, according to analysts.

• CBOT May soybeans SK25 settled down 2-1/2 cents to $10.07-1/4 per bushel.

• CBOT May soymeal SMK25 ended $2.70 lower at $297.60 per short ton and May soyoil BOK25 rose 0.14 cent to 42.15 cents per pound.

• Analysts said traders are monitoring tariff negotiations between the United States and its leading agricultural trading partners: Canada, Mexico and China.

• Traders are also positioning ahead of the U.S. Department of Agriculture's grain stocks and prospective plantings reports on March 31.

• Brazilian farmers, who have harvested most of their soybean fields across the nation, are set to produce 165.9 million metric tons in the 2024/25 season, 2.3 million tons less than previously forecast, consultancy AgRural said on Monday.

• The U.S. Department of Agriculture reported weekly grain export inspections of soybeans at 822,214 metric tons, in line with trade estimates for 300,000-900,000 tons.