CHICAGO, June 23 (Reuters) - Chicago Board of Trade soybeans ended nearly flat Tuesday after a two-session fall, as oil prices eased and commodity traders assessed U.S. weather, geopolitical risks and export prospects.

• The most-active November soybeans SX26 settled up 1/4-cent at $11.41-3/4 a bushel.

• CBOT soymeal futures were mixed. The July soymeal contract SMN26 ended $3.10 higher at $302.90 per short ton, while the December contract SMZ26 and the January 2027 contract SMF27 both dipped to fresh contract lows during the session.

• Meanwhile, soyoil futures turned lower, with the CBOT July soyoil contract BON26 finishing down 0.56 cent at 70.59 cents per pound.

• Market analysts said that some of Tuesday's moves were reflective of speculative selling and investors adjusting their positions ahead of first notice day, as traders push to exit expiring futures contracts and roll their positions forward.

• Abundant rainfall and moderate temperatures in the U.S. Midwest continue to weigh on soybean prices, though traders say wet conditions and excess rainfall may start to impede growth.

• Mike Zuzolo, president of Global Commodity Analytics, said the grain and oilseed markets are caught between a potentially bullish weather story and a potentially bearish macroeconomic story. Grain traders are weighing the possibility of weather-related production risks from a strong El Niño against headwinds from a stronger U.S. dollar and expectations of interest rate increases surrounding the incoming Federal Reserve chairman.

• Late Monday, the U.S. Department of Agriculture left its good-to-excellent ratings of U.S. soybean crops at 66%, unchanged from last week and in line with trade expectations.

• Oil prices slipped about 1% during the session, as investors kept a close watch on crude flows through the Strait of Hormuz following signs of progress in U.S.-Iran peace talks. O/R