CHICAGO, Nov. 5 (Xinhua) -- Chicago Board of Trade (CBOT) agricultural futures settled mixed on Monday, with soybeans falling due to profit-taking and trade uncertainty.

File photo: VCG

The most active December corn was up 2.75 cents, or 0.74 percent to close at 3.6775 dollars per bushel. December wheat was down 1.5 cents, or 0.29 percent to settle at 5.0725 dollars. January 2019 soybeans were down 2 cents, or 0.23 percent to close at 8.8575 dollars per bushel.

Soybeans posted sharp gains last week as sentiment surrounding US-China trade relations turned more optimistic after the leaders of the two countries held a telephone conversation.

Profit-taking on Monday, and trade uncertainty, reversed the uptrend.

"The market lacks a directional feel with everyone discussing the potential result of the US midterm elections, Thursday's USDA crop report and what are the chances that the US and China reach a trade deal," commented AgResource, a Chicago-based agricultural research firm.

The US Department of Agriculture (USDA) will release its November supply and demand report on Thursday. Many analysts estimate that US corn yield will be lowered moderately, which has supported the corn futures for three consecutive sessions.