Soybeans Little Changed

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Soybean futures traded range-bound overnight and are little changed Friday morning. The USDA reported weekly soybean export sales of 726,000 tons on Thursday. Soymeal sales were 228,200 tons. Soybean Oil sales were 22,400 tons. Market chatter that good yields are coming in from Brazil and good weather for crops in Argentina is making the rounds Market talk about positioning before USDA report next week continues non-stop. May Soybeans are trading at 973, down 1 1/2 cents. May Soybean Oil is trading at 31.04, down 0.13. May Soymeal is trading at 322.1, down 0.3.
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