CBOT soybeans end lower on profit-taking after 1-month top

CHICAGO, Oct 21 (Reuters) - Chicago Board of Trade soybean futures ended lower on Tuesday on profit-taking after the benchmark contract Sv1 touched a one-month high in early moves, while market players continued to monitor U.S.-China trade relations, traders said.

• CBOT November soybeans SX25 settled down 1 cent at $10.30-3/4 per bushel, retreating after a climb to $10.38, the contract's highest since September 19.

• CBOT December soymeal SMZ25 ended up $1.90 at $286.90 per short ton while December soyoil BOZ25 fell 0.66 cent to finish at 50.65 cents per pound.

• Soybeans paused after a one-week rally tied to hopes for renewed U.S. soy purchases by top global buyer China.

• U.S. President Donald Trump said on Monday he expects to work out a fair trade deal with Chinese President Xi Jinping and that he wants Beijing to buy soybeans, ahead of his planned meeting with Xi in South Korea next week.

• U.S. Treasury Secretary Scott Bessent said on Friday he expects to meet this week with Chinese Vice Premier He Lifeng in Malaysia to try to forestall an escalation of U.S. tariffs on Chinese goods.