CBOT soybeans end higher on expectations for lower crop ratings

CHICAGO, Sept 8 (Reuters) - Chicago Board of Trade soybean futures rose on Monday on expectations that crop conditions would fall in a weekly U.S. Department of Agriculture crop progress and condition report, due later in the day.

• Analysts polled by Reuters predicted the U.S. soybean crop's good-to-excellent rating would drop to 63%, down 2 points from a week ago.

• If realized, the rating would be below the 65% of soybeans deemed to be in good-to-excellent shape at the same point last year, but above the previous five-year average of 59%, according to USDA data.

• The absence of China, the world's biggest soy importer, from the U.S. market continued to hang over futures prices, analysts said.

• China's soybean imports rose to their highest-ever level for the month of August, a Reuters calculation of customs data showed, as buyers snapped up large volumes from South America amid ongoing Sino-U.S. trade tensions.

• Farmers in Brazil's southern Parana state started planting the 2025/26 soybean crop, AgRural said.

• CBOT November soybeans SX25 rose 6-3/4 cents to finish at $10.33-3/4 a bushel.

• CBOT December soymeal SMZ25 settled $1.60 higher at $285.60 per short ton.

• CBOT December soyoil BOZ25 ended up 0.24 cent at 51.47 cents per pound.