November soyabean futures were down 22-1/4 cents at $11.82-3/4 per bushel, January was down 22-3/4 at $11.99-1/4. Profit taking weighs after Monday's strong rally that was led by safe-haven investing after the US government announced a planned $700 billion bailout of bank segment.
USDA said 57 percent of the US soyabean crop was rated good/excellent, unchanged from a week earlier. USDA said 44 percent of the soya crop was dropping leaves, behind the five-year average of 64 percent. US cash soyabean basis bids falling sharply in areas where harvest was expanding. October soyameal was down $1.70 at $321.60 per ton. October soyaoil was down 1.75 cents at 47.80 cents per lb.