CBOT soybean futures fall on USDA stocks, planting data

CHICAGO, March 31 (Reuters) - Chicago Board of Trade soybean futures fell on Monday as the U.S. Department of Agriculture reported that soybean stocks were up, and farmers were expected to cut their soybean acres.

• CBOT May soybeans SK25 settled down 8-1/4 cents to $10.14-3/4 per bushel.

• CBOT May soymeal SMK25 ended down $0.80 at $292.70 per short ton and May soyoil BOK25 fell 0.27 cents to finish at 44.89 cents per pound.

• Soybean stocks rose to a three-year high of 1.910 billion bushels, above trade expectations for an average of 1.901 billion bushels.

• The USDA estimated that U.S. farmers would plant

  83.495 million soybean acres in 2025, below trade expectations for 83.762 million acres.

• The USDA reported weekly export inspections for soybeans of 793,250 metric tons, in line with trade expectations for

  250,000-865,000.