CBOT soy lower as market awaits China purchases

CHICAGO, Nov 11 (Reuters) - Chicago Board of Trade soybean futures fell for the first time in three sessions on Tuesday, as the market came under pressure amid a lack of large-scale purchases by China, the world's biggest importer of the oilseed, despite earlier announcements from U.S. officials.

• CBOT January soybeans SF26 settled 2-3/4 cents lower at $11.27-1/4 per bushel.

• CBOT December soymeal SMZ25 ended $3.10 lower at $316.90 per short ton and December soyoil BOZ25 rose 0.52 cent to settle at 51.10 cents per pound.

• China started modest purchases of U.S. farm products after a meeting of leaders of both countries, but traders still await more significant soybean buying after the White House said Beijing pledged to buy 12 million tons by the end of 2025.

• Market players were also adjusting positions ahead of world crop supply and demand reports due on Friday from the U.S. Department of Agriculture (USDA) that will include the agency's first U.S. and global crop estimates since September because of the U.S. government shutdown.

• A poll of analysts pegged the U.S. soybean yield at 53.1 bpa, below USDA's September 12 estimate of 53.5 bpa.

• The U.S. soybean harvest is nearly complete.