CBOT soybeans rise on dry Argentina weather, U.S. dollar weakness

CHICAGO, Jan 6 (Reuters) - Chicago Board of Trade soybean futures climbed on Monday on dry weather conditions in Argentina and a fall in the U.S. dollar .DXY, according to analysts.

• CBOT March soybeans SH25 settled up 6 cents at $9.97-3/4 per bushel.

• CBOT March soymeal SMH25 fell $1.30 to end at $307.30 per short ton, while March soyoil BOH25 rose 0.40 cents to settle at 40.33 cents per pound.

• The U.S. dollar was lower on Monday in volatile trading after conflicting reports about how aggressive President-elect Donald Trump's planned tariffs will be when he takes office.

• The uncertainty surrounding the economic impact of such tariffs has been expected to encourage the U.S. Federal Reserve to slow interest rate cuts.

• The U.S. Department of Agriculture reported export inspections of U.S. soybeans in the latest week at 1,284,970 metric tons, in line with trade expectations for 800,000-1,400,000 tons. USDA/EST

(Reporting by Renee Hickman
Editing by Sandra Maler)

((renee.hickman@thomsonreuters.com))