Futures contracts of soybean fell on the CBOT, after the USDA raised its estimate for US soybean ending stocks for 2017-18 to 12.12 million metric tonne from its earlier estimate of 11.57 million metric tonne. Prices also fell due to a forecast of favourable weather conditions in Brazil and Argentina. The most-active January contract of soybean on the CBOT hit near one-month low of $9.74 per bushel. The January contract was at $9.7450 per bushel, down 0.5% from the previous close.