CBOT soybean futures closed lower on Tuesday, with the benchmark July contract settling at 1213 cents per bushel, retreating from the previous session's highs, primarily due to profit-taking following sharp gains in the prior trading session.The USDA Crop Progress report showed that as of the week ending May 17, U.S. soybean planting progress reached 67%, higher than 63% a year ago and the five-year average of 53%. Emergence rate stood at 32%, with overall planting progressing smoothly, exerting some pressure on prices. Additionally, Brazilian soybean exports remained strong in the first two weeks of May, maintaining supply pressure from South America. U.S. soybeans are expected to remain in a range-bound pattern in the near term, awaiting fresh weather or demand guidance.