CHICAGO, June 12 (Reuters) - Chicago Board of Trade soybean futures hovered near four-year lows on Friday on favorable U.S. crop weather and lower crude oil prices, traders said.

• CBOT July soybeans SN26 fell 1-1/2 cents to $11.13-1/2 a bushel.

• CBOT July soymeal SMN26 ended 40 cents lower to $301.30 per short ton and July soyoil BON26 fell 0.17 cent to 74.28 cents per pound.

• Oil prices fell more than 3% on Friday to their lowest levels in nearly two months as U.S. and Iranian officials said they were close to an agreement to halt their war. O/R

• The U.S. Department of Agriculture's monthly supply/demand report on Thursday offered few major surprises. The government raised its estimate of Argentina's 2025/26 soybean crop to 50 million metric tons, from 48 million last month.

• The USDA made no changes to its forecasts of U.S. soybean stocks at the end of the 2025/26 and 2026/7 marketing years.

• In its weekly export sales report, the USDA showed net sales of old-crop soybeans in the week to June 4 at 211,300 metric tons and new-crop sales of 141,500 tons, toward the low end of trade expectations.