Soybean Futures Little Changed

January Soybeans are trading at 1030 1/4, 1/2 of a cent/bushel. January Soymeal is trading at 313.9, up 1.2 $/ton. January Soybean Oil is trading at 37.67, down 0.18 cents/lb. Soybean futures are trading rangebound and on both sides of unchanged. The USDA reported on Thursday that soybean export sales for 2016 to 2017 as of November 24th are now 74.9 percent of the agency forecast versus the five year average of 71.5 percent. Soymeal sales for the current year are 43.6 percent of the agency forecast versus the five year average of 48.7 percent. Soybean oil sales for the current year are now 44.2 percent of the forecast versus the five year average of 38.5 percent.