<p>CHICAGO, April 7 (Reuters) - Chicago Board of Trade soybean futures ended lower on Tuesday, led by declines in soymeal and soyoil futures, but strength in crude oil  (CLc1)  underpinned the market as a standoff over the Strait of Hormuz threatened more escalation in the U.S.-Israeli war with Iran.</p>
<ul>
<li>CBOT May soybeans  (SK26)  settled down 8-1⁄2 cents, or 0.7%, at $11.58-1⁄4 per bushel.</li>
<li>CBOT May soymeal  (SMK26)  ended down $4.80, or 1.5%, at $311.80 per short ton.</li>
<li>CBOT May soyoil  (BOK26)  settled down 0.23 cent, or 0.3%, at 69.72 cents per pound, turning lower after rising to a life-of-contract high of 70.49 cents.</li>
<li>Some analysts saw the inability of CBOT May soyoil  (BOK26)  to hold above 70 cents as a sign of strong chart resistance.</li>
<li>An aggressive U.S. soybean crushing pace has been generating ample supplies of soy products, including meal and oil.</li>
<li>Price moves were moderate as investors awaited Iran war developments.</li>
<li>Market players also await a monthly U.S. Department of Agriculture crop report on Thursday. Analysts surveyed by Reuters on average expected only slight changes to the government’s projections of U.S. and global soybean end-year inventories.</li>
</ul>

562900

FTAG

SOYB

159825

159698

VEGI

516810

Reuters

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CBOT soybeans end lower, led by declines in soy product futures