Soybeans Sharply Lower

Soybean futures settled sharply lower on Friday; late session selling accelerated the losses into the close of trading. August Soybeans settled at 991.25, down 18.75 cents, and November Soybeans settled at 965, down 15.5 cents. August Soymeal settled at 354.8, down 4.2, and December Soymeal settled at 333.4, down 2.7. August Soybean Oil settled at 30.48, down 0.71, and December Soybean Oil settled at 30.85, down 0.74.