CBOT soybeans end lower on lack of supportive news

CHICAGO, Dec 2 (Reuters) - Chicago Board of Trade soybean futures closed lower for a second straight session on Tuesday on a lack of supportive news and expectations of large South American harvests, traders said.

• CBOT January soybeans SF26 settled down 3-1/4 cents at $11.24-3/4 per bushel.

• CBOT January soymeal SMF26 ended down $3 at $311.60 per short ton while January soyoil BOF26 closed higher, rising 0.32 cent to settle at 52.68 cents per pound.

• Traders continued to gauge Chinese demand for U.S. soy supplies. The United States Department of Agriculture reported no new "flash" sales of U.S. soybeans on Tuesday, following a string of bookings confirmed last week.

• An analyst said China bought some Brazilian soybeans, which have been priced at a discount to U.S. soy.

• Brazil is expected to harvest its largest-ever soybean crop early in 2026, but traders are monitoring dry patches in southern areas.