Last Friday, CBOT soybean futures continued to decline, with the March contract settling at 1,064.25 cents per bushel, down 0.72 cents. The market was pressured by profit-taking and traders adjusting their positions ahead of the month-end. Additionally, earlier in the session, a weaker U.S. dollar had boosted the competitiveness of American exports, pushing grain and oilseed prices to multi-week highs. However, as the dollar regained strength, the market saw position adjustments. Brazil is now entering the early stages of its soybean harvest, with expectations of a record-high crop. Traders anticipate that Brazilian supplies will be favored in the coming months following recent large purchases of U.S. beans. The Buenos Aires Grain Exchange noted on Thursday that recent rainfall in Argentina's key western agricultural regions has improved soil moisture, further pressuring U.S. soybean prices.