CHICAGO, March 19 (Reuters) - Chicago Board of Trade soybean futures finished lower on Wednesday as the harvest of a large South American crop wrapped up and concerns about retaliation against U.S. tariff policies continued.
CBOT May soybeans SK25 settled down 4-1/2 cents at $10.08-1/4 per bushel.
CBOT May soymeal SMK25 ended down $2.20 at $297.70 per short ton.
CBOT May soyoil BOK25 lost 0.18 cent to finish at 42.36 cents per pound.
The harvest is wrapping up in Brazil's Matto Grosso state, with 97% of the soybean crop harvested as light rains fall, ahead of the five-year average of 93%, according to Maxar.
Soybean futures received support from expectations that U.S. farmers will devote more acreage to corn planting in 2025, analysts said.
More pressure came from ongoing investor fears about the impact of retaliation against U.S. agricultural exports to U.S. tariff policies, said analysts.
(Reporting by Renee Hickman in Chicago; Editing by Mark Porter)
((renee.hickman@thomsonreuters.com))
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