CBOT soybeans rise as US dollar drops to four-year low

CHICAGO, Jan 27 (Reuters) - Chicago Board of Trade soybean futures closed higher on Tuesday as weakness in the dollar makes U.S. commodities look more attractive to importers, analysts said.

• The dollar sank to a near four-year low against a basket of currencies.

• Traders waited to hear from U.S. President Donald Trump during a visit to farm-state Iowa.

• They also monitored dry weather in Argentina, a major exporter of soy products. Dryness was lingering across much of south-central and southeastern Argentina, stressing crops, weather firm Vaisala said.

• In Brazil, Coamo, the country's biggest grain cooperative, expects its 2026 soybean harvest to be its largest ever.

• CBOT March soybeans SH26 closed 5-1/2 cents higher at $10.67-1/4 per bushel.

• The contract rebounded a bit after closing lower on Monday in a setback from a four-week high.

• CBOT March soymeal SMH26 closed down $0.30 at $294 per short ton after reaching a two-week high on Monday.

• CBOT March soyoil BOH26 rose 0.52 cents to end at 54.41 cents per pound. Gains in soyoil helped to support soybean futures, an analyst said.