CBOT soybeans end lower as market consolidates

CHICAGO, March 3 (Reuters) - Chicago Board of Trade soybean futures settled weaker on Wednesday as the market consolidated and traders kept an eye on crop weather in South America, analysts said. * In Brazil, the world's top soy exporter, rains that have delayed soybean harvesting are expected to continue to slow fieldwork over the next week in Mato Grosso, Mato Grosso do Sul, Sao Paulo and Parana, according to weather firm Maxar. * The rain, however, will lead to significant improvements in soil moisture, which will favor germination and early growth of the safrinha corn crop, Maxar said. * The most-active CBOT soybean contract ended down 5 cents at $14.07-1/2 a bushel. Last week, it traded up to $14.45-3/4 a bushel, the highest price since June 2014, on U.S. supply concerns. * China's Dalian soybean futures reached a record high on Wednesday. (Reporting by Tom Polansek; editing by Jonathan Oatis)

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