USA: Soybeans close lower pressured by forecasts of rain in the Corn Belt

Soybean futures contracts on the CBOT closed lower. The main maturities recorded drops of 26 to 29 cents, with the July/23 quoted at US$ 14.95 (-1.71%) and the November/23 at US$ 12.94¼ (-2.17%) the bushel . November at the low of the day (US$ 12.81½), recorded the lowest price since June 15. Soybean meal futures on the CBOT closed lower. The main maturities fell from US$ 7.30 to US$ 13.50, with August quoted at US$ 400.00 (-2.32%) and December at US$ 385.40 (-3.38% ), the short ton. July at the low of the day (US$ 398.50), recorded the lowest price since June 15th and December at the low of the day (US$ 384.50), also recorded the lowest price since June 15th. Soybean oil closed higher for the fourth consecutive session, with December registering a gain of 1.67%. Even with a new drop in the quality of American soy crops, oilseed futures closed lower this Tuesday (27), returning the gains of the previous session. The USDA reduced the percentage of soybean crops in good or excellent ...