CBOT soybean futures closed lower, dragged down by weakness in the energy market and long liquidation, but the board remained near the upper end of this month's trading range, less than 10 cents below the two-and-a-half-year high set on September 11. In addition, Argentina's soybean planting area for the 2026/27 season is expected to increase, with production forecast at 53.6 million tonnes. Brazil's soybean planting is progressing well, with Parana accelerating planting between rains, Mato Grosso also starting first in irrigated areas, and Parana's soybean planting progress having rapidly advanced to 15% of the estimated area. In the short term, U.S. soybeans may fluctuate within the 1,300-1,340 cent range, and the summit outcome will determine a directional breakout: if tariffs are relaxed or purchasing commitments exceed expectations, the board may test 1,350 cents;