Overnight CBOT soybean futures closed largely flat, as traders adjusted positions ahead of the upcoming reports.** The USDA weekly crop progress report showed that as of the week ending June 21, the U.S. soybean good-to-excellent rating stood at 66%, unchanged from both the previous week and the same period last year. The export inspection report showed that U.S. soybean export inspections for the week ending June 18 totaled 241,000 tonnes, down 55% from the previous week but up 19% year-over-year. Abundant rainfall and mild temperatures in the Midwest continued to weigh on prices, though persistent wetness may begin to hinder crop growth. A stronger U.S. dollar and expectations of further interest rate hikes also added pressure. In the near term, market attention will focus on the upcoming acreage report at month-end and weather developments.