Soybeans Lower

Market talk that soy methyl ester imports from Argentina would continue into the US is pressuring U.S. Soybean Oil prices. Chatter continues about Brazil and soybean exports shifting away from the U.S. to the Southern Hemisphere over the next month. USDA weekly export sales will be released Thursday morning. Market talk has expectations of 300,000 tonnes for Soybeans and 250,000 tonnes for Soymeal. Soybean Futures are trading a lower Thursday morning . March Soybeans are trading at 968 down 2 1/4 cents. March Soymeal is trading higher at 338.6 up 0.6. March Soybean Oil is trading weak at 29.91 down 0.43.