CHICAGO, March 20 (Reuters) - Chicago Board of Trade soybean futures fell on Friday as the dollar strengthened.
The dollar gained ground on Friday as investors pared their bets on Fed rate cuts, given the probability of rising inflation triggered by higher energy prices.
A rising dollar tends to make U.S. exports more expensive and less attractive to holders of other currencies.
The U.S. Department of Agriculture reported net weekly U.S. soybean export sales for 2025/26 for the week ended on March 12 at 304,808 metric tons, below analyst estimates.
CBOT May soybeans SK26 settled 7-1/4 cents lower at $11.61-1/4 per bushel. For the week, they fell 5.22%.
CBOT May soyoil BOK26 ended up 0.10 cent at 65.51 cents per pound.
CBOT May soymeal SMK26 fell $4.50 to finish at $328.00 per short ton.