Soybean Futures Little Changed

September Soybeans are trading at 995 1/2, down 2 1/2 cents/bushel. November Soybeans are trading at 974, down 1 1/2 cents/bushel. December Soymeal is trading at 317.1, down 1.1 $/ton. December Soybean Oil is trading at 33.49, up 0.17 cents/lb. Soybean futures are trading steady after Thursday's decline. Chatter about soybean demand and crop tours is constant. The USDA reported on Thursday that soybean export sales for 2016 to 2017 as of August 18th are now 32.6 percent of the agency forecast versus the five year average of 36.7 percent. Soymeal sales for the current year are 98.8 percent of the agency forecast versus the five year average of 97.4 percent. Soybean oil sales for the current year are now 107.7 percent of the forecast versus the five year average of 94.4 percent.