Soybeans edge lower

BEIJING/PARIS, June 23 (Reuters): Chicago soybean futures edged lower on Monday, unravelling gains after soyoil prices followed crude oil higher on concerns US strikes on Iranian nuclear facilities could lead to supply disruption.

The most-active soybean contract was down 0.2% by 1128 GMT to $10.58-3/4 per bushel. Soyoil climbed 0.8% to 54.9 cents per pound.

Both contracts were higher in earlier trade as oil prices surged after the US targeted Iranian nuclear sites over the weekend. Soyoil is closely tied to crude prices as it is used in biofuel as a substitute for fossil fuel.