Soybeans Lower

Soybean futures were unable to extend Tuesday's gains into Wednesday and settled lower on the day. July Soybeans settled at 935 1/4, down 5 1/2 cents and November Soybeans settled at 915, down 2 cents. Trading was choppy and range-bound. Soymeal settled little changed and Soybean oil was higher. July Soymeal settled at 302.7, up 0.9. and July Soybean Oil settled at 34.73, up 0.56.