Soybeans Close Friday with Continued Weakness

Soybeans extended the weakness on Friday, as most front months were down 2 to 3 cents. January closed out the week down 27 ½ cents from last Friday. The cmdtyView national average Cash Bean price was 2 3/4 cents lower at $9.78 1/2. Soymeal futures were down 80 cents to $1.50, with January $4.90 lower this week. Soy Oil futures were down 2 to 21 points, as January was down 217 points wk/wk. USDA reported another private export sale of 134,000 MT of soybeans to China this morning. Export Sales data will be ...