CBOT soybeans end lower after Trump-Xi phone call; US harvest expands

CHICAGO, Sept 19 (Reuters) - Chicago Board of Trade soybean futures fell to their lowest in more than a week on Friday, erasing early gains after a phone call between U.S. President Donald Trump and Chinese President Xi Jinping failed to yield news on soybean exports, brokers said.

• CBOT November soybeans SX25 settled down 12 cents at $10.25-1/2 per bushel after dipping to $10.24, the contract's lowest since September 11.

• For the week, the November contract fell 20-3/4 cents per bushel or 1.98%.

• CBOT December soymeal SMZ25 ended Friday down 70 cents at $284 per short ton and December soyoil BOZ25 fell 0.51 cent to settle at 50.62 cent per pound.

• China, by far the world's largest soy importer, has yet to book any of the current U.S. soybean crop and has instead turned to South American supplies.

• Trump and Xi made progress during the call on a TikTok agreement and pledged to meet face to face in just over a month in South Korea, but there was little mention of agriculture. CBOT soybean futures turned lower after the call ended.

• Soybean futures were also pressured by the expanding U.S. harvest. Unusually warm temperatures this week are pushing crops toward maturity, the U.S. Department of Agriculture said in a daily weather note.

• S&P Global Commodity Insights projected that U.S. farmers would plant 94.5 million acres of corn next year, down 4.3% from this year, and 84 million acres of soybeans, up 3.6%, according to a report from the firm seen by Reuters.