CBOT Soybeans traded lower amid choppy movements, pressured by a sharp drop in crude oil prices, smooth planting progress in the U.S. Midwest, and sluggish export sales. However, strength in soybean oil and expectations of potential Chinese purchases of U.S. soybeans provided underlying support. Argentina's soybean harvest has reached 84.6% completion, with yields hitting near-record highs for this stage. Meanwhile, easing expectations in Middle East tensions added to crude oil volatility, which in turn influenced soybean pricing sentiment. Overall, upside for soybeans remains limited given smooth planting progress, but biofuel demand and export dynamics offer bottom-line support. CBOT soybean prices are expected to trade in a near-term range of 11701200 cents/bushel.