Chicago Board of Trade soybean futures closed slightly lower on Monday as solid U.S. crop conditions hung over the market, traders said.

• Analysts, on average, expect the U.S. Department of Agriculture to rate 67% of the U.S. soy crop in good-to-excellent condition in a weekly report due at 3 p.m. CDT (2000 GMT), according to a Reuters poll. That would be up one percentage point from a week ago and a point below the same time last year.
• On Tuesday, the National Oilseed Processors Association is expected to report the U.S. soybean crush in June dropped to a four-month low, analysts said in a poll. It would still be the largest June crush on record, following a recent expansion of U.S. soy processing capacity.
• China’s soybean imports hit the highest level ever for the month of June, a Reuters calculation of customs data showed, driven by a surge in shipments from top supplier Brazil.
• New-crop CBOT November soybeans (SX25) ended down 1/4 cent at $10.07 a bushel.
• The most-active contract ZS1! earlier fell to a three-month low at $9.98-1/4 a bushel, below the below the psychologically important level of $10, before paring losses.
• CBOT August soymeal (SMQ25) finished $2.60 lower at $267.70 per short ton, after notching a contract low at $267.10.
• CBOT August soyoil (BOQ25) closed up 0.42 cent to end at 54.17 cents per pound.
  Source: Reuters