
CHICAGO, Jan 20 (Reuters) - Chicago Board of Trade soybean futures fell after choppy trade on Tuesday as investors uneasily eyed tensions between the U.S. and Europe and competition came from South America.
CBOT March soybeans SH26 settled down 4-3/4 cents at $10.53 per bushel.
CBOT March soymeal SMH26 closed up $1.60 at $291.60 per short ton.
CBOT March soyoil BOH26 fell 0.05 cent to 52.56 cents per pound.
Shares slid along with the dollar as investors fretted over a standoff between U.S. President Donald Trump and European allies that Trump has threatened with tariffs if they oppose his aim to take control of Greenland. MKTS/GLOB
Expectations of a large Brazilian soybean crop continue to hang over the market, capping rallies. Consultancy Safras & Mercado raised its forecast of Brazil's 2025/26 soybean harvest to 179.28 million metric tons, up from its previous projection of 178.76 million tons.
China has bought about 12 million metric tons of U.S. soybeans since a bilateral trade truce in late October, fulfilling a commitment cited by U.S. officials, according to traders. GRA/
But traders expect Chinese importers to revert to buying mainly South American soybeans as Brazil's harvest gets going.