CBOT soybeans tick down in seesaw trade

CHICAGO, Jan 22 (Reuters) - Chicago Board of Trade soybean futures chopped up and down on Thursday on technical buying and optimism that top soy importer China would continue purchasing supplies from the United States.

• CBOT March soybeans SH26 settled down 1/2 cent at $10.64 cents per bushel.

• CBOT March soymeal SMH26 closed up $4.80 at $296.20 per short ton.

• CBOT March soyoil BOH26 fell 0.23 cent to 53.78 cents per pound.

• The northern Brazilian harvest is ongoing despite some delays, while dryness is impacting crops in southern Brazil, according to forecaster Commodity Weather Group.

• The U.S. Department of Agriculture confirmed private sales of 192,350 metric tons of U.S. soybeans to undisclosed destinations for delivery in the current 2025/26 marketing year that began on September 1, 2025.

• U.S. Treasury Secretary Scott Bessent said he met with Chinese Vice Premier He Lifeng in what he called "positive" talks, adding that his Chinese counterpart had confirmed the completion of an initial U.S. soybean purchase commitment, which the United States has put at 12 million tons. GRA/