Soybeans lower, Soymeal Lower

Soybeans are trading lower Thursday. May Soybeans are trading at 958 1/2, down 13 cents. May Soybean Oil is trading at 30.91, down 0.04. May Soymeal is trading at 313.9, down 6.0.Trading is rangebound and choppy after the USDA Report. Soymeal has extended losses and is trading weak with general selling occurring. Some chatter about buyers near 310.0 is making the rounds.