Soybeans Slipping to Start Thursday Trade

Soybeans are steady to down 1 ½ cents so far on Thursday morning. Contracts posted Wednesday losses of 3 to 4 ½ cents at the close. Open interest dropped 939 contracts on Wednesday. The cmdtyView national average Cash Bean price was 5 cents lower at $9.87 1/4. Soymeal futures were $4.10 to $5.20 lower, with Soy Oil futures steady to 16 points higher. Weekly Export Sales data will be released on Thursday morning for the week ending on 11/27, with traders looking for 0.6-2 MMT in soybean sales. Meal sales ...