CBOT soybeans down on falling soyoil, trade tensions

CHICAGO, May 6 (Reuters) - Chicago Board of Trade soybeans slid for a second session on Tuesday as worries over international trade tensions and falling soyoil futures weighed on prices

• Demand for U.S. soybeans from China, the world's biggest soy importer, has vanished amid the ongoing U.S.-China trade war.

• Market players are continuing to await clearer indications that Washington and Beijing could enter negotiations to resolve their tariff standoff.

• Soyoil futures have taken a beating as a lack of biofuel blending mandates from the Environmental Protection Agency and cuts to the EPA budget prompted long liquidation and weighed on the entire soy complex, traders said.

• The U.S. Department of Agriculture reported U.S. soybeans were 30% planted as of Sunday, ahead of the five-year average of 23% but lagging the average analyst estimate of 31% complete.

• CBOT July soybeans SN25 closed down 4-1/4 cents to $10.41-1/4 per bushel.

• CBOT July soyoil BON25 fell 0.38 cent to 48.35 cents per pound, and July soymeal SMN25 fell $2.50 to $295.50 per short ton.