CBOT soybeans ease on strong supply, good weather

CHICAGO, June 26 (Reuters) - Chicago Board of Trade soybean futures fell on Thursday as ample supply and warm, rainy weather in the U.S. Midwest pressured prices.

• CBOT August soybeans SX25 ended 1-3/4 cents lower at $10.27-3/4 a bushel.

• CBOT August soyoil BOQ25 ended 0.62 cent higher at 51.94 cents per pound and August soymeal SMQ25 settled $4.80 lower at $275.20 per short ton.

• Warm, rainy weather in the U.S. Midwest is expected to aid crop development for nascent soy crops in the coming days, creating a greenhouse-like effect, according to analysts.

• Investors anticipated the release of U.S. quarterly stocks and planting data to be released on Monday.

• Argentina's soybean sales doubled in the first 18 days of June versus a year earlier to 4.71 million tons as farmers raced to close deals before a planned hike in export taxes on July 1, official data analyzed by Reuters and industry sources showed.

• Chinese firms have booked the first soymeal cargo from Argentina since Beijing approved Argentine imports in 2019, as China's animal feed industry looks to broaden its supply options to mitigate potential disruptions from the U.S.-China trade war.