Soybeans Slip Lower on Friday’s Thin Trade

Group 1 - Soybean futures experienced a decline on Friday, with front months down by 3 to 4.5 cents, while January futures increased by 9.5 cents [1] - The national average Cash Bean price rose by 4 cents to $9.88 1/2 [1] - Soymeal futures decreased by $0.50 per ton, although January futures maintained a weekly gain of $6.10 [1] - Soy Oil futures fell by 30 to 35 points, with January futures up by 82 points for the week [1] Group 2 - Government reports were delayed due to a holiday, with the next Export Sales report scheduled for release on Wednesday for the week ending 12/18 [2] - Thinner trading volumes contributed to limited market movement as the week closed [2] Group 3 - On January 26, Soybeans closed at $10.58 3/4, down 4.5 cents, while Nearby Cash was at $9.88 1/2, down 4 cents [3] - March 26 Soybeans closed at $10.72 1/2, down 4 cents, and May 26 Soybeans closed at $10.84 1/4, down 3.25 cents [3]